About Bharat Audyogik Vikas Yojna:
- It aims to develop world-class industrial infrastructure, unlocking manufacturing potential and driving India’s growth story.
- Target: Developing 100 plug-and-play industrial parks across the country.
- Implementation: BHAVYA will be implemented in partnership with states and private sector players.
- Features of Bharat Audyogik Vikas Yojna
- Plug-and-Play Ecosystem: Provides ready-built factory sheds, testing labs, and underground utilities to enable industries to move from "intent to production" with speed.
- Infrastructure Scope: Covers core utilities, value-added facilities (warehousing), and social infrastructure such as worker housing.
- Connectivity & Logistics: Aligned with PM GatiShakti principles for seamless multimodal connectivity; external infrastructure support is provided up to 25% of the project cost.
- Sustainability Focus: Features green energy integration and a "no-dig" environment through integrated underground utility corridors for uninterrupted operations.
- Selection Process: Projects are selected via a challenge mode, prioritizing states that implement investor-friendly reforms and effective single-window systems.
What is "Plug-and-Play" Industrial Infrastructure?
- Plug-and-play infrastructure refers to industrial parks that are fully equipped with all necessary utilities and regulatory clearances before an investor arrives.
