BHAVYA Scheme 2026: ₹33,660 Crore Plan for 100 Plug-and-Play Industrial Parks in India

Source: Mint

Context:

The Union Cabinet has approved the Bharat Audyogik Vikas Yojana (BHAVYA) with a total outlay of ₹33,660 crore.

The scheme aims to develop 100 plug-and-play industrial parks across India by 2032 to boost manufacturing, improve infrastructure, and enhance ease of doing business.

What is the BHAVYA Scheme?

The BHAVYA Scheme is a major industrial development initiative focused on creating ready-to-use industrial ecosystems with modern infrastructure and seamless connectivity.

It is designed to:

• Accelerate industrialisation
• Attract domestic and foreign investment
• Strengthen India’s manufacturing base

Key Highlights of the Scheme

• Total Outlay: ₹33,660 crore
• Target: 100 industrial parks
• Timeline: 6 years (2026–27 to 2031–32)
• Phase 1: Development of 50 industrial parks
• Integration: Linked with PM GatiShakti for multimodal connectivity

Key Features of BHAVYA Scheme

1. Plug-and-Play Infrastructure

• Ready-to-use industrial facilities
• Pre-approved clearances and utilities
• Reduced time for business setup
• Increased efficiency and productivity

2. Land Requirements

• Standard parks: Minimum 100 acres
• Hilly/Northeast regions: Minimum 25 acres
• Maximum size: 1,000 acres

This ensures inclusivity and supports regional development.

3. Financial Support

• Central assistance up to ₹1 crore per acre
• Encouragement of Public-Private Partnerships (PPP)
• Shared investment model

4. Multi-Stakeholder Model

Involvement of:

• Central Government
• State Governments
• Private sector

Ensures coordinated and efficient implementation.

Focus Areas of the Scheme

Manufacturing Competitiveness

• Enhances industrial capacity
• Supports “Make in India”

Infrastructure Modernisation

• World-class industrial ecosystems
• Smart industrial zones

Logistics Efficiency

• Integration with PM GatiShakti
• Improved supply chain and connectivity

Regional Development

• Special focus on:
  • Northeast
  • Hilly regions
• Balanced industrial growth