What is BHAVYA Scheme? Check Its Objectives, Features and How it Benefits Investors

BHAVYA Scheme: The Government of India approved Rs. 33,660 crore expenditure for Bharat Audyogik Vikas Yojana (BHAVYA) which aims to boost manufacturing sectors by creating plug-and-play world class industrial parks and remove entry barriers for investors and significantly accelerate the transition from intent to production.

What is the BHAVYA Scheme?

BHAVYA is a flagship industrial Parks scheme proposed for developing 100 plug-and-play industrial parks across the country. It focuses on creating investment-ready industrial ecosystems across the land. These BHAVYA Parks will be developed in collaboration with State Governments, Central Public Sector Undertakings (PSUs), and private developers using a challenge mode"selection process.

Key Objectives of BHAVYA: 

• It aims to develop world-class industrial infrastructure, unlocking manufacturing potential and driving India’s growth story.

• Plug-and-Play Rea: To provide land with pre-approved clearances and ready-to-use infrastructure so industries can start operations immediately.

• To reduce logistics and operational costs for MSMEs and global investors.

•  To revive legacy industrial clusters through technology and infrastructure upgradation and modernization of infrastructure. 

• Advancing Viksit Bharat (self-reliance) through Manufacturing-Led Growth Jobs, Investment and Opportunity at Scale.

Features of the BHAVYA Scheme:

The BHAVYA Scheme is built on the principles of efficiency, sustainability, and the PM GatiShakti National Master Plan.

• Financial Support: The Central Government allocated of Rs.33,660 crore for developing 100 plug-and-play industrial parks across the country.

  •  will provide a grant of up to ₹1 crore per acre for core infrastructure. Additionally, it will fund up to 25% of the cost for external connectivity infrastructure.

• Scale of Development: Eligible industrial parks must have a minimum area of 100 acres, with some parks scaling up to 1,000 acres.

• Core and Value-Added Infrastructure: Core sectors Internal roads, drainage, common effluent treatment plants (CETPs), and ICT systems.

• Value-Added Infrastructure: Ready-built factory sheds, testing laboratories, and specialized warehousing.

• Integrated Social Infrastructure: To support the workforce, the scheme includes provisions for worker housing, health centers, and other support amenities within or near the parks.

• Future-Ready, Sustainable and Efficient Industrial Parks: The parks will prioritize green energy and feature underground utility corridors to ensure a no-dig environment, minimizing maintenance disruptions.

• 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.

Benefits of the BHAVYA Scheme: 

• Prime Beneficiaries will be manufacturing units, MSMEs, startups, and global investors seeking ready-to-use industrial infrastructure.
• Second Beneficiaries will be Workers, logistics providers, service sector enterprises, and local communities.
• For Investors: it will reduce the time-to-market by facilities at competitive rates that would otherwise be unaffordable for smaller players.
• It will generate the employemnet by generating the millions of direct and indirect jobs in manufacturing and services. 
• It positions India as an attractive alternative for global companies to diversify their manufacturing bases.

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.

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