Cabinet Approves ₹33,660 Crore BHAVYA Scheme to Build 100 Plug-and-Play Industrial Parks
The Union Cabinet has greenlit the Bharat Audyogik Vikas Yojna (BHAVYA), a massive initiative to create 100 "plug-and-play" industrial parks across India. These parks are designed to allow companies to move from "intent to production" almost instantly by providing pre-cleared land, ready-built factory sheds, and integrated green energy utilities. The project aims to position India as a primary alternative to China for global manufacturing hubs, specifically targeting electronics and pharmaceuticals.