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India launches ₹33,660 crore BHAVYA scheme to build 100 industrial parks for jobs, investment, and manufacturing growth.
The Indian government approved a ₹33,660 crore scheme, BHAVYA, to develop 100 plug-and-play industrial parks across the country, aiming to boost manufacturing, attract investment, and create jobs.
The initiative, launched in 2026, provides up to ₹1 crore per acre for core infrastructure and up to 25% of external connectivity costs, with parks ranging from 100 to 1,000 acres.
Developed in partnership with states and private entities, the parks will feature ready roads, utilities, factory sheds, and social amenities, with streamlined approvals and sustainable design.
Projects will be selected via a challenge mode to ensure quality.
The scheme supports India’s push for self-reliance, regional industrialization, and global competitiveness.
India lanza el esquema BHAVYA de 33,660 millones de rupias para construir 100 parques industriales para el empleo, la inversión y el crecimiento de la manufactura.