The Centre’s ambitious BHAVYA scheme has received 87 proposals in the first round of Phase 1, marking a major step towards its plan to establish 100 plug-and-play industrial parks across India.
With an overall financial outlay of ₹33,660 crore, the scheme is aimed at developing modern industrial infrastructure and creating investment-ready locations for businesses and manufacturers.
The Building and Management of Viable Assets for Yielding Advancement (BHAVYA) initiative is designed to provide industrial parks with essential infrastructure and facilities, helping companies begin operations more quickly while reducing the challenges associated with setting up new manufacturing units.
The first phase has attracted proposals from states and other implementing agencies seeking support under the scheme. The strong response indicates growing interest among states in developing large-scale industrial clusters capable of attracting domestic and international investments.
The proposed parks are expected to include plug-and-play infrastructure, enabling industries to access essential facilities without having to develop basic infrastructure independently. Such industrial ecosystems can help reduce project timelines, improve ease of doing business and support the development of manufacturing supply chains.
The government’s larger objective is to strengthen India’s industrial base, encourage private investment and generate employment by creating high-quality industrial infrastructure across regions.
The ₹33,660 crore investment is also expected to support India’s broader ambitions to become a global manufacturing hub. By creating ready-to-use industrial locations, the scheme could help attract businesses across sectors while encouraging the development of local supply chains and ancillary industries.
The 87 proposals received in the first round represent the initial stage of the programme. As the scheme progresses, the Centre is expected to evaluate proposals and move towards developing the targeted 100 industrial parks across the country.
The initiative comes amid India’s wider push to accelerate infrastructure development, boost manufacturing and create new investment opportunities beyond established industrial centres. If implemented effectively, the BHAVYA scheme could play a significant role in creating a more distributed and investment-friendly industrial ecosystem across India.
