What are the main objectives of the BHAVYA scheme?
The Bharat Audyogik Vikas Yojna (BHAVYA) is a ₹33,660 crore flagship scheme approved by the Union Cabinet to establish 100 plug-and-play industrial parks across India over six years (FY2026–27 to FY2031–32).
The primary objectives of the scheme include:
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Creating Infrastructure-Ready Ecosystems: Developing pre-funded land, trunk infrastructure (internal roads, power supply, water networks, drainage systems, and common effluent treatment facilities), and ready-built factory sheds. Utilities are placed in underground corridors to enable a no-dig environment for seamless operations.
Reducing Entry Barriers and Setup Delays: Lowering initial investment barriers and setup costs for manufacturing firms, MSMEs, and startups, allowing enterprises to move rapidly from investment decisions to active production.
Streamlining Approvals & Single-Window Governance: Improving ease of doing business through streamlined single-window clearances and predictable regulatory processes, backed by digital project appraisal and monitoring via the BHAVYA Portal.
Supporting National Growth Targets: Driving the goals of the National Manufacturing Mission, which aims to increase manufacturing's contribution to India's GDP from 16–17% to 25% by 2035.
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Capturing Global Supply Chains: Providing reliable infrastructure, connectivity, and land availability to attract foreign direct investment and help India capture shifting global supply chains ("China+1" strategy).
Strengthening Last-Mile Logistics: Allowing up to 25% of approved project funding to be allocated for external road, rail, and last-mile logistics connectivity to integrate parks directly with national transport networks.
Enhancing Worker Welfare & Productivity: Incorporating essential social amenities into industrial parks, such as worker housing, healthcare units, skill development centers, and common testing/certification facilities.
Fostering Specialized Sector Hubs: Extending the cluster model to strategic industries, such as creating three dedicated chemical parks equipped with common environmental safeguards under the BHAVYA-Rasayan Scheme.
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