In a major push towards accelerating manufacturing and industrial growth, the Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA) scheme, with a financial outlay of Rs 33,660 crore. The scheme aims to develop 100 plug-and-play industrial parks across the country along with develop world-class industrial infrastructure, unlocking manufacturing potential and driving India’s growth story.

Building on the success of Industrial Smart Cities developed under the National Industrial Corridor Development Programme (NICDP) framework, BHAVYA will be implemented in collaboration with state governments and private players. At the heart of BHAVYA lies a strong push for deregulation and ease of doing business, with streamlined approvals, effective single-window systems, and investor-friendly reforms led by states. The scheme will deliver plug-and-play industrial ecosystems, enabling industries to move from intent to production with speed and certainty. With pre-approved land, ready infrastructure, and integrated services, BHAVYA will significantly reduce entry barriers for investors. Under the scheme, industrial parks ranging from 100 to 1000 acres will be taken up for development. The government will provide financial support of up to Rs 1 crore per acre for core infrastructure such as internal roads, underground utilities, drainage, along with value-added infrastructure like ready-built factory sheds, testing labs and warehousing. Social infrastructure, including worker housing, will also be part of the development. 

BHAVYA is expected to drive large-scale job creation, generating substantial direct and indirect employment across manufacturing, logistics, and services, while catalysing significant investments. The scheme will extend to all States and Union Territories, creating lakhs of employment opportunities across the country and accelerating industrial growth nationwide. By fostering cluster-based development and enabling co-location of industries, suppliers, and service providers, BHAVYA will strengthen domestic supply chains, promote regional industrialization, and create new opportunities for millions of people. Overall, the approval of BHAVYA represents a transformational step in India’s journey towards Atmanirbhar Bharat, reinforcing the country’s manufacturing capabilities, boosting exports, and laying the foundation for a resilient, inclusive, and globally competitive economy.