Business Centre Launches BHAVYA Scheme For 100 Industrial Parks Adarsh SinghMay 23, 202608 views Government Unveils Massive Industrial Infrastructure Push Ministry of Commerce and Industry on Saturday unveiled the guidelines for the ambitious BHAVYA (Bharat Audyogik Vikas Yojna) Scheme, under which the Centre plans to establish 100 industrial parks across the country in a major push to strengthen India’s manufacturing and investment ecosystem. Union Commerce Minister Piyush Goyal announced the rollout during a press briefing, describing the initiative as a significant ease-of-doing-business reform aimed at accelerating industrialisation and attracting large-scale investments. The scheme comes with a total financial outlay of ₹33,660 crore and focuses on building plug-and-play industrial parks in partnership with state governments. BHAVYA Scheme Aims To Create Manufacturing Hubs According to Goyal, the industrial parks are designed to become large manufacturing and investment destinations capable of attracting both domestic and global companies. “Another ease of doing business measure is being launched today with the launch of guidelines for the ‘BHAVYA (Bharat Audyogik Vikas Yojna) Scheme’ by which the government of India will be setting up 100 industrial parks across the length and breadth of the country,” Goyal said. The minister added that the scheme had already received Union Cabinet approval nearly two months ago and is now entering the implementation phase. “The Bharat Audyogik Vikas Yojana with the financial allocation of ₹33,660 crores will help create investment and manufacturing destinations with plug and play investor parks in collaboration with state governments,” he added. Swiggy IOCC Plan Hit By Shareholder Opposition READ MORE Plug-And-Play Parks Expected To Reduce Project Delays Industry experts believe the development of plug-and-play industrial parks could significantly reduce project execution timelines for manufacturers and investors. The parks are expected to provide ready infrastructure including roads, utilities, logistics connectivity, land availability and industrial support systems. Analysts say such integrated ecosystems are increasingly important as global companies look for faster setup and operational efficiency. The initiative also aligns with India’s broader efforts to strengthen domestic manufacturing under programmes such as Make in India, the Production Linked Incentive (PLI) schemes and PM Gati Shakti. Centre Expects Strong Support From States Goyal said the success of the programme would depend heavily on active cooperation from state governments. According to him, states are expected to create favourable industrial environments and investor-friendly ecosystems to encourage manufacturing growth. “We expect states to give an attractive environment to promote industry,” he said. Industry observers note that competition among states to attract industrial investments has intensified sharply in recent years, especially in sectors such as electronics, semiconductors, renewable energy, electric vehicles and defence manufacturing. Rollout To Begin In Multiple Phases The government has also outlined a phased rollout strategy for the BHAVYA scheme. Goyal stated that the first phase would involve 20 industrial parks to be launched within the first two months. Another 30 industrial parks are expected to follow during the next two months as the government accelerates implementation. Industry analysts believe the phased rollout may help the Centre prioritise regions with strong logistics connectivity, labour availability and export potential. India Positioning Itself As Global Manufacturing Hub The launch of the BHAVYA scheme comes at a time when India is aggressively positioning itself as a global manufacturing alternative amid ongoing geopolitical shifts and supply chain diversification. Experts say several multinational corporations are increasingly exploring India as part of their China-plus-one manufacturing strategies. Large-scale industrial infrastructure is considered critical for improving India’s competitiveness against other Asian manufacturing economies. Analysts believe the BHAVYA scheme could particularly benefit sectors including electronics manufacturing, chemicals, textiles, heavy engineering, renewable energy equipment and automotive components. Industrial Parks Seen As Long-Term Growth Driver Industry experts say integrated industrial parks can play a major role in boosting exports, generating employment and improving industrial productivity. The government is betting that world-class manufacturing infrastructure combined with policy incentives can help India attract higher levels of foreign direct investment over the coming decade. Analysts believe the ultimate success of the scheme will depend on execution speed, land acquisition efficiency, state-level coordination and infrastructure quality. If implemented effectively, the BHAVYA scheme could emerge as one of India’s biggest industrial infrastructure programmes and significantly strengthen the country’s long-term manufacturing growth ambitions.