New Delhi, May 29 (IANS) The Bharat Audyogik Vikas Yojana (BHAVYA) scheme aims to create investment-ready industrial parks that can rapidly attract industries, generate employment and strengthen India’s manufacturing ecosystem, DPIIT Secretary Amardeep Singh Bhatia said on Friday.Addressing the gathering during a workshop organised by the National Industrial Corridor Development Corporation (NICDC) here, Bhatia said the success of the BHAVYA scheme would not be measured merely by infrastructur…
Latest Industrial Parks News & Updates
Bhubaneswar, May 24 (IANS) Odisha Chief Minister Mohan Charan Majhi on Sunday visited major manufacturing facilities at the Industrial Parks in Khordha district. According to an official statement, CM Majhi’s visit highlighted the government’s robust ecosystem support, spanning employment-intensive sectors to high-tech strategic manufacturing.The Chief Minister first visited Trimetro Garments (EPIC Group), a premier Hong Kong-headquartered apparel manufacturer at Kalibeti Industrial Area of Kh…
New Delhi, May 24 (IANS) The Union government has notified the guidelines of the Rs 33,660 crore BHAVYA Central Sector Scheme for selecting 50 proposals to set up industrial parks with world class infrastructure to facilitate investment for manufacturing growth and increasing employment in the country. The first phase will comprise two rounds of selection.”The window for the first round of selection will open on June 1 and close on July 31. Up to 20 proposals are expected to be selected in the f…
New Delhi, May 23 (IANS) The government on Saturday released detailed operational guidelines for the implementation of the BHAVYA Scheme, a landmark initiative aimed at developing investment-ready, world-class industrial parks across the country.BHAVYA has been designed to strengthen India’s manufacturing ecosystem through development of integrated industrial infrastructure aligned with the objectives of ‘Make in India’, ‘PM Gati Shakti’, and the Government’s broader vision of positi…
Guwahati, May 18 (IANS) Assam Chief Minister Himanta Biswa Sarma on Monday said that manufacturing would be the key to achieving the goal of a “Viksit Bharat” and asserted that Assam is poised to play an important role in the country’s industrial growth story. Sharing details of the Centre’s industrial expansion plans, the Chief Minister said the state is developing multiple industrial locations under the BHAVYA initiative of the Government of India, aimed at creating world-class plug-and-play…
New Delhi, March 20 (IANS) The plug‑and‑play industrial development under the Bharat Audyogik Vikas Yojna (BHAVYA) could raise the share of manufacturing in India’s GDP to 25 per cent by 2032, experts said on Friday.ASSOCHAM President Nirmal K. Minda praised the BHAVYA model calling it a historic breakthrough in India’s manufacturing sector adding that a seamless, end-to-end ease-of-doing-business model, from approvals to operations, will meet the aspirations of New India and contribute to…
New Delhi, March 18 (IANS) Calling it a “big boost to India’s manufacturing push”, Prime Minister Narendra Modi on Wednesday said the Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA), a major initiative to develop 100 plug-and-play industrial parks across the country. The scheme is aimed at strengthening industrial infrastructure, attracting fresh investments, and creating large-scale employment opportunities while improving ease of doing business through faster approval…
New Delhi, March 18 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Bharat Audyogik Vikas Yojna (BHAVYA) with an allocation of Rs 33,660 crore for developing 100 plug-and-play industrial parks across the country — aimed at accelerating economic growth and creating more jobs.The scheme aims to develop world-class industrial infrastructure, unlocking the country’s manufacturing potential and driving India’s growth story, according to an official st…
Gandhinagar, Feb 9 (IANS) The Gujarat government, on Monday, signed a Letter of Intent (LoI) for mutual cooperation with Starlink Satellite Communications Private Limited, a subsidiary of SpaceX, marking a significant step towards strengthening digital connectivity across remote and underserved regions of the state. The LoI was exchanged at a ceremony in Gandhinagar in the presence of Chief Minister Bhupendra Patel and Deputy Chief Minister Harsh Sanghavi.The initiative is said to be aligned wit…
New Delhi, Jan 10 (IANS) India’s Real Estate Investment Trust (REIT) market is poised for significant growth due to under penetration as REITs currently cover only 19 per cent of the country’s listed real estate value, a report said on Saturday.The report from real estate services firm Vestian said market capitalisation is projected to almost double from $18 billion in 2025 to $25 billion by 2030, while REIT‑able office assets to double from Rs 8.2 trillion in 2025 to Rs 16 trillion.The gl…