The Central Government has launched the BHAVYA (Bharat Audyogik Vikas Yojna) Scheme, a large-scale initiative aimed at developing 100 industrial parks across the country to strengthen India’s manufacturing ecosystem and attract fresh investments.
Union Commerce and Industry Minister Piyush Goyal announced the scheme on May 23 during a press briefing, describing it as a major step toward improving ease of doing business and accelerating industrial growth in India.

₹33,660 Crore Allocated for the Scheme

The BHAVYA scheme has been launched with a financial outlay of ₹33,660 crore. The government plans to create modern industrial hubs equipped with plug-and-play infrastructure, allowing industries to begin operations quickly without major setup delays.
The industrial parks will be developed in collaboration with state governments and are expected to become key manufacturing and investment destinations.
The scheme had already received approval from the Union Cabinet around two months ago and is now moving into the implementation phase.

Focus on Manufacturing and Investment Growth

The initiative is aimed at boosting domestic manufacturing, improving industrial infrastructure, generating employment opportunities, and increasing private sector investments.
The government believes that ready-to-use industrial parks with essential facilities and connectivity will help attract both domestic and foreign investors.
The scheme is also expected to support India’s long-term vision of becoming a global manufacturing hub under initiatives such as Make in India and Atmanirbhar Bharat.

The government has planned a phased rollout for the industrial parks under the BHAVYA scheme.
In the first phase, 20 industrial parks will be launched within the next two months.
Another 30 parks are expected to be announced in the following two months.
The remaining parks will be developed gradually across different parts of the country.

The BHAVYA scheme is expected to improve logistics, infrastructure, and industrial connectivity while helping businesses reduce operational costs and setup time.
By developing modern industrial clusters nationwide, the government aims to promote balanced regional development and create stronger manufacturing supply chains across India.