Latest News
Recently, the Central Government launched the guidelines for the BHAVYA (Bharat Audyogik Vikas Yojna) Scheme, aimed at developing world-class industrial parks across India to boost manufacturing, investment, and industrial growth.
About BHAVYA Scheme
BHAVYA (Bharat Audyogik Vikas Yojna) is a Central Sector Scheme focused on creating investment-ready industrial ecosystems with modern infrastructure and integrated logistics facilities.
The scheme seeks to transform India into a global manufacturing hub by supporting large-scale industrial development under initiatives such as:
- Make in India
- PM Gati Shakti
- Ease of Doing Business
Objective of the Scheme
The primary objective of BHAVYA is to establish:
- World-class industrial parks
- Plug-and-play manufacturing infrastructure
- Integrated logistics systems
- Sustainable industrial ecosystems
The scheme aims to reduce project delays and improve industrial competitiveness through ready-to-use infrastructure.
Key Features of BHAVYA Scheme
1. Development of 100 Industrial Parks
The scheme targets the establishment of 100 industrial parks across the country.
These parks will support:
- Manufacturing industries
- Export-oriented industries
- MSMEs
- Logistics and warehousing activities
2. Time Period
The scheme will be implemented over a period of:
2026–27 to 2031–32
(Duration: 6 years)
3. Plug-and-Play Infrastructure
The industrial parks will provide:
- Ready factory spaces
- Roads and internal transport
- Power and water supply
- Sewage and waste management systems
- Digital governance systems
This will enable industries to begin operations quickly with minimal delays.
4. Multimodal Logistics Connectivity
The parks will be integrated with:
- Highways
- Railways
- Ports
- Airports
This aligns with the PM Gati Shakti National Master Plan for improving logistics efficiency and reducing transportation costs.
5. Greenfield and Brownfield Development
The scheme supports:
- Greenfield parks – developed on new land
- Brownfield parks – upgrading existing industrial areas
This allows balanced regional industrial development.
6. Minimum Land Requirement
The minimum land area criteria are:
- 100 acres for non-hilly states
- 25 acres for hilly states, northeastern states, Union Territories, and smaller states
The provision ensures inclusivity and regional balance.
7. Worker Support Infrastructure
The scheme also focuses on improving worker welfare through:
- Housing facilities
- Skill development centres
- Healthcare and social infrastructure
This promotes sustainable and inclusive industrialization.
8. Sustainable Development Features
The parks will include:
- Green energy systems
- Waste recycling mechanisms
- Water conservation measures
- Environment-friendly infrastructure
This supports India’s climate and sustainability commitments.
Implementation Mechanism
The scheme will be implemented through:
Special Purpose Vehicles (SPVs)
These SPVs will be incorporated under the:
Companies Act, 2013
The SPVs will oversee:
- Planning
- Financing
- Development
- Operation of industrial parks
Significance of the Scheme
Economic Importance
- Boosts manufacturing growth
- Attracts domestic and foreign investment
- Generates employment opportunities
- Enhances export competitiveness
Infrastructure Importance
- Improves logistics efficiency
- Reduces supply chain costs
- Supports industrial corridors
Strategic Importance
- Strengthens India’s global manufacturing position
- Promotes self-reliance under Atmanirbhar Bharat
- Accelerates industrial modernization
Challenges
- Land acquisition issues
- Environmental clearances
- Coordination among multiple agencies
- Ensuring balanced regional development
Conclusion
The BHAVYA Scheme is a major step toward building globally competitive industrial infrastructure in India. By creating investment-ready manufacturing ecosystems with modern logistics and sustainable infrastructure, the scheme can significantly strengthen India’s industrial capacity, employment generation, and economic growth.