New Delhi, June 13 (IANS) The Bharat Audyogik Vikas Yojana (BHAVYA) Scheme represents a bold and visionary step towards creating a new generation of industrial infrastructure in India, according to the industry.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. Financial …
Latest Industrial Parks News & Updates
New Delhi, June 8 (IANS) Commerce Minister Piyush Goyal on Monday said India’s 7.7 per cent GDP growth reflected sustained policy interventions and economic reforms undertaken by the government over the past decade, which have ensured that the country remains the fastest-growing economy. “I don’t think any of you would have imagined that last year would close with a GDP growth of 7.7 per cent. This is not an accident, it is a decade of structural reforms,” he said.The minister launched the BHAVY…
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…
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…