Bharat Audyogik Vikas Yojna (BHAVYA) Scheme

Why in News?

The Union Cabinet has approved the BHAVYA Scheme for developing 100 plug-and-play industrial parks across India by 2032.

• Aim – To develop 100 future-ready plug-and-play industrial parks.
• It will act as an accelerator for manufacturing, complementing existing initiatives like the Make in India 2.o and Production Linked Incentive.
• Type – Central Sector Scheme with cooperative federalism (States) + Public-Private Partnership (PPP) model.
• Launched in – March 2026.
• Nodal Ministry – Ministry of Commerce & Industry.
• Duration - 6 years (FY 2026–27 to 2031–32).
• Implementing Agency - National Industrial Corridor Development Corporation (NICDIT) under Department for Promotion of Industry and Internal Trade (DPIIT).
• Objectives –
  • Promote industrial infrastructure development
  • Facilitate ease of doing business
  • Attract domestic and global investments
  • Enable balanced regional development
  • Support logistics efficiency through multimodal connectivity
• Eligibility – No direct individual beneficiaries
  • Industrial parks identified based on Land availability, Connectivity potential, Industrial demand.
• Coverage – Pan-India implementation, priority 8 NICDP corridors.
• Key Features – Plug-and-Play Industrial Parks – Pre-developed industrial zones where land, infrastructure, utilities, and approvals are ready, enabling industries to start operations immediately.
• Park Size - 100 to 1,000 acres (Minimum 25 acres in hilly & North-East regions).
• Financial Support - Up to Rs.1 crore per acre for
  • Core infrastructure — roads, utilities, drainage, ICT
  • Value-added infrastructure — factory sheds, testing labs, warehousing
  • Social infrastructure — worker housing & amenities
• External Infrastructure Support - Up to 25% of project cost.
• Project Selection - Challenge mode (reform-oriented, investment-ready proposals).
• Design Principles - Aligned with PM GatiShakti; green energy, underground utility corridors, no-dig environment.
• Ease of doing business - Single-window (60-day clearances).
• Sustianable industrial development – Attained through green compliance (solar, Zero Liquid Discharge).
• Transfer Mode – Central financial assistance, Funds routed through implementing agencies (NICDC) with State participation.
• Beneficiaries
  • Primary — Manufacturing units, MSMEs, startups, global investors
  • Secondary — Workers, logistics providers, local communities

References

1. PIB | BHAVYA Scheme
2. The Hindu | BHAVYA Scheme