What is 'BHAVYA' scheme, approved by Modi Cabinet? 100 industrial parks to unlock country's manufacturing potential
In a landmark step towards accelerating industrial growth, the Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Bharat Audyogik Vikas Yojna (BHAVYA), with an allocation of Rs.33,660 crore for developing 100 plug-and-play industrial parks across the country.
The scheme aims to develop world-class industrial infrastructure, unlocking manufacturing potential and driving India’s growth story.
Laying the Industrial Foundation for Viksit Bharat
Building on the success of Industrial Smart Cities developed under the National Industrial Corridor Development Programme (NICDP) framework, BHAVYA will be implemented in partnership with states and private sector players.
A New Ease of Doing Business
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.
Financial support of up to Rs. one crore per acre will be provided
Under the scheme, industrial parks ranging from 100 to 1000 acres will be taken up for development. Financial support of up to Rs. one crore per acre will be provided for:
Core infrastructure (internal roads, underground utilities, drainage, common treatment facilities, ICT and administrative systems)
Value-added infrastructure (ready-built factory sheds, built-to-suit units, testing labs, warehousing)
Social infrastructure (worker housing and support amenities)
Support for external infrastructure will also be provided up to 25% of the project cost.
Project selection will ensure that only high-quality, reform-oriented and investment-ready proposals are taken forward.
Future-Ready, Sustainable and Efficient Industrial Parks
The industrial parks will be designed as futuristic and sustainable ecosystems:
Aligned with the PM GatiShakti Principles to enable seamless multimodal connectivity and efficient last-mile access
Green energy and sustainable resource use
These parks will set new benchmarks in industrial infrastructure, ensuring reliability, reducing inefficiencies, and enhancing productivity across sectors.
Driving Jobs, Investment and Economic Growth Across Regions
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.
The scheme will benefit
Primary beneficiaries: Manufacturing units, MSMEs, startups, and global investors seeking ready-to-use industrial infrastructure
Secondary beneficiaries: Workers, logistics providers, service sector enterprises, and local communities
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.