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flag India launches ₹33,660 crore BHAVYA scheme to build 100 industrial parks for jobs, investment, and manufacturing growth.

flag 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. flag 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. flag 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. flag Projects will be selected via a challenge mode to ensure quality. flag The scheme supports India’s push for self-reliance, regional industrialization, and global competitiveness.

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