Cabinet Approves Rs 33,630 Crore BHAVYA Scheme To Develop 100 Plug-And-Play Industrial Parks

Announced on March 18, 2026, the BHAVYA scheme is designed to unlock India’s manufacturing potential by offering ready-to-use industrial facilities. The initiative builds on the success of Industrial Smart Cities under the National Industrial Corridor Development Programme and will be implemented in partnership with states and private players.

Industrial Infrastructure Development
The scheme will cover approximately 34,000 acres of land, selected through a challenge mode based on PM GatiShakti principles. Each park will feature pre-approved land, integrated services, and green energy solutions, ensuring ease of doing business and attracting both domestic and foreign investors.

Boost To Manufacturing And Jobs
BHAVYA is expected to generate large-scale employment opportunities, attract significant investments, and strengthen India’s position as a global manufacturing hub. By offering plug-and-play facilities, the scheme reduces setup time for industries, enabling faster production cycles and improved competitiveness.

Future Outlook
Analysts believe BHAVYA will play a pivotal role in advancing Atmanirbhar Bharat by fostering self-reliance, boosting exports, and enhancing India’s industrial ecosystem. The scheme is also expected to drive regional development by distributing industrial growth across multiple states.

Key Highlights

• Cabinet approves Rs 33,630 crore BHAVYA scheme
• 100 plug-and-play industrial parks to be developed nationwide
• Infrastructure to cover 34,000 acres under PM GatiShakti principles
• Focus on green energy, deregulation, and ease of doing business
• Expected to boost jobs, investments, and manufacturing-led growth

Sources: WebIndia123, Prime Minister of India, The Indian Express, The Economic