DPIIT Notifies BHAVYA Scheme

The scheme aims to develop investment-ready plug-and-play industrial parks to boost manufacturing, ease of doing business, and regional industrial growth in India.

Plug-and-Play Industrial Parks Scheme (Bhavya Scheme):

Dimension	Key Details
Nodal Ministry	Ministry of Commerce and Industry through DPIIT.
Objective	Development of 100 investment-ready plug-and-play industrial parks.
Concept	Ready-to-use manufacturing sites with pre-built infrastructure and approvals.
Duration	Six years from 2026–27 to 2031–32.
Outlay	₹33,660 crore.
Implementation Agencies	State or UT governments and Central Public Sector Undertakings.
SPV Structure	Special Purpose Vehicle formed between National Industrial Corridor Development and Implementation Trust (NICDIT) and state nodal agency.
Asset Ownership	SPV ownership, operation, and maintenance of industrial parks.
Financial Support	Funding up to ₹1 crore per acre (₹50 lakh for private developer-led parks).
Infrastructure Coverage	Comprises core, value-added, and social infrastructure including roads, utilities, sheds, labs, and worker housing.
External Infrastructure Support	Provides for up to 25% of project cost for connectivity and integration with existing networks.
Ease of Doing Business	Pre-approved land, ready infrastructure, and single window system.
Employment Generation	Large-scale direct and indirect employment in manufacturing, logistics, and services.
Regional Development	Cluster-based industrial growth and co-location of industries and suppliers.
Sustainability Focus	Alignment with PM GatiShakti, green energy integration, and future-ready infrastructure.