Bharat Audyogik Vikas Yojna

Cabinet Greenlights ₹33,660 Crore BHAVYA Scheme to Build 100 Plug-and-Play Industrial Parks

Cabinet Greenlights ₹33,660 Crore BHAVYA Scheme to Build 100 Plug-and-Play Industrial Parks

New Delhi (Gurpreet Singh) — In a major move to accelerate India’s manufacturing-led growth, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Bharat Audyogik Vikas Yojna (BHAVYA). The scheme, backed by an allocation of ₹33,660 crore, aims to develop 100 "plug-and-play" industrial parks across the country. These future-ready ecosystems are expected to generate approximately 15 lakh direct jobs while attracting substantial global and domestic investments. By offering pre-approved land and ready-to-use infrastructure, BHAVYA is designed to significantly reduce entry barriers for manufacturing units, MSMEs, and startups, enabling a faster transition from investment intent to actual…
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