Bharat Audyogik Vikas Yojna (BHAVYA)
Objective: Develop 100 world-class plug-and-play industrial parks across all States and UTs to accelerate manufacturing-led economic growth. Budget: ₹33,660 crore total outlay over 6 years (FY 2026-27 to FY 2031-32). Key Features: - Parks of 100-1,000 acres with core infrastructure (roads, drainage, ICT, utilities), value-added facilities (factory sheds, testing labs, warehousing), and social infrastructure (worker housing, amenities). - Up to ₹1 crore per acre Central financial support; 25% for external connectivity infrastructure. - Projects selected via 'challenge mode' prioritising investment-ready proposals. - Aligned with PM GatiShakti multimodal connectivity; green energy and underground utility corridors. - Single-window clearance; pre-approved environmental and regulatory clearances. Implementing Agency: NICDC (National Industrial Corridor Development Corporation) under DPIIT, Ministry of Commerce and Industry. Beneficiaries: Manufacturing units, MSMEs, startups, global investors, local communities. Expected Outcomes: ~15 lakh direct jobs, FDI attraction, strengthened domestic value chains in semiconductors, electronics, defence, and textiles.
- BHAVYA aims to develop 100 world-class plug-and-play industrial parks across all States and UTs to accelerate manufacturing-led economic growth.
- Total budget outlay is ₹33,660 crore over 6 years (FY 2026-27 to FY 2031-32) with up to ₹1 crore per acre Central financial support.
- Parks will range from 100-1,000 acres with core infrastructure, factory sheds, testing labs, warehousing, worker housing, and single-window clearance with pre-approved environmental clearances.
- Projects will be selected via 'challenge mode' prioritising investment-ready proposals, aligned with PM GatiShakti multimodal connectivity.
- Expected to generate approximately 15 lakh direct jobs and attract FDI in sectors like semiconductors, electronics, defence, and textiles.
- Implementing agency is NICDC (National Industrial Corridor Development Corporation) under DPIIT, Ministry of Commerce and Industry.
What is the objective of the BHAVYA scheme?
Bharat Audyogik Vikas Yojna (BHAVYA) aims to develop 100 world-class plug-and-play industrial parks across all States and UTs to accelerate manufacturing-led economic growth.
What is the budget for BHAVYA?
The scheme has a total outlay of ₹33,660 crore over 6 years, spanning FY 2026-27 to FY 2031-32, under the Ministry of Commerce and Industry (DPIIT).
What financial support is offered per industrial park?
BHAVYA provides up to ₹1 crore per acre in Central financial support, with an additional 25% earmarked for external connectivity infrastructure. Parks range from 100 to 1,000 acres.
Which agency will implement BHAVYA?
The scheme is implemented by NICDC (National Industrial Corridor Development Corporation) under DPIIT, Ministry of Commerce and Industry, using a 'challenge mode' project selection approach.
What employment outcomes are expected from BHAVYA?
The scheme is expected to generate about 15 lakh direct jobs, attract FDI, and strengthen domestic value chains in semiconductors, electronics, defence, and textiles.
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