Bharat Audyogik Vikas Yojna (BHAVYA)
- 20 Mar 2026
In News:
In a major push towards manufacturing-led growth, the Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA) with an outlay of ?33,660 crore. The scheme aims to develop 100 world-class plug-and-play industrial parks across India, strengthening industrial infrastructure and accelerating the vision of Viksit Bharat and Atmanirbhar Bharat.
About BHAVYA Scheme
BHAVYA is a centrally sponsored industrial infrastructure programme designed to create ready-to-use industrial ecosystems that enable industries to begin operations with minimal delays.
- Nodal Ministry: Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry
- Implementing Agency: National Industrial Corridor Development Corporation (NICDC)
- Coverage: All States and Union Territories
- Industrial Park Size: 100–1000 acres
Objectives
- Promote manufacturing-led economic growth
- Enhance ease of doing business through pre-approved infrastructure
- Foster cluster-based industrial development
- Strengthen domestic supply chains
- Generate large-scale employment and attract investments
Key Features of BHAVYA
1. Plug-and-Play Industrial Ecosystem
- Pre-approved land, utilities, and regulatory clearances
- Reduces time from investment intent to production
- Minimises procedural delays and entry barriers
2. Comprehensive Infrastructure Development
- Financial Support:
- Up to ?1 crore per acre for infrastructure
- Up to 25% support for external connectivity
- Integrated Infrastructure Components:
- Core: Roads, drainage, underground utilities, ICT systems
- Value-added: Factory sheds, testing labs, warehousing
- Social: Worker housing and support amenities
3. Ease of Doing Business Reforms
- Single-window clearance systems
- State-led investor-friendly reforms
- Streamlined approvals and reduced regulatory burden
4. Challenge-Based Project Selection
- Competitive selection process
- Focus on reform-oriented and investment-ready proposals
- Ensures quality and efficiency in project implementation
5. Alignment with National Initiatives
- Linked with PM GatiShakti for multimodal connectivity
- Builds on the success of industrial smart cities under NICDC
- Supports Atmanirbhar Bharat and export competitiveness
6. Sustainable and Future-Ready Design
- Integration of green energy solutions
- Underground utility corridors (no-dig model)
- Efficient resource use and reduced operational disruptions