Bharat Audyogik Vikas Yojna: Objectives, Benefits & Impact

BHAVYA is a centrally approved industrial infrastructure scheme aimed at developing 100 world-class plug-and-play industrial parks with ready-to-use facilities, enabling industries to start operations quickly without procedural delays.

Nodal Ministry: Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry

Implementing Agency: National Industrial Corridor Development Corporation (NICDC)

Aim:

To accelerate manufacturing-led economic growth.
To enhance ease of doing business through pre-approved infrastructure.
To promote cluster-based industrial development and strengthen domestic supply chains.
To generate large-scale employment and attract investments.

Key Features:

Plug-and-play infrastructure: Pre-approved land, utilities, and clearances enable industries to move from intent to production rapidly.
Large-scale industrial parks: Development of parks ranging from 100–1000 acres across all States and UTs.
Financial support:
- Up to ₹1 crore per acre for core, value-added, and social infrastructure
- Up to 25% support for external connectivity infrastructure
Integrated infrastructure ecosystem:
- Core: roads, drainage, underground utilities, ICT systems
- Value-added: factory sheds, testing labs, warehousing
- Social: worker housing and amenities
Ease of doing business reforms:
- Single-window clearance systems
- State-led investor-friendly reforms
Challenge-based project selection: Ensures only investment-ready and reform-oriented proposals are approved.
Alignment with PM GatiShakti: Enables multimodal connectivity and efficient logistics integration.
Sustainable industrial development:
- Green energy integration
- Underground utility corridors (no-dig model)

Significance:

Strengthens India’s position as a global manufacturing hub.
Creates lakhs of direct and indirect jobs across industries and services.
Reduces entry barriers, making India more attractive to domestic and global investors.

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