Representative image NEW DELHI: The Union Cabinet on Wednesday approved a Rs 33,660 crore scheme, Bharat Audyogik Vikas Yojana (BHAVYA), to set up 100 fully built industrial parks across the country over the next six years, aiming to boost manufacturing by making it easier for them to start factories.The parks, ranging from 100 to 1,000 acres (25 acres in hilly and northeastern states), will be developed with ready infrastructure, including roads, utilities and factory spaces, allowing companies to move quickly from planning to production.Officials said the scheme will be implemented through partnerships between the Centre, the states and private players, with states expected to take the lead in sponsoring projects. “We are expecting the state govt will be the primary sponsor for parks under the scheme… but the private sector can also come in for development,” a govt official said.The Centre will provide support of up to Rs 1 crore per acre for roads, underground utilities, drainage, factory sheds, warehousing, worker housing and support amenities and more.End of ArticleFollow Us On Social MediaVideos’Pak Missiles Could Hit US’: Intel Chief Tulsi Gabbard Flags Nuclear Threat, India Left Off ListIran’s National Security Chief Ali Larijani Killed, Foreign Minister Says ‘Won’t Destabilise Tehran’Russia Confirms Jaishankar-Lavrov Phone Call On BRICS Differences Amid Iran War, Middle East Crisis’Just A Pause, I Shall Be Back’: Priyanka Chaturvedi’s Viral Farewell Speech In Rajya Sabha’Hormuz Remains Our Foremost Priority’: PM Modi Speaks To Kuwait’s Crown Prince Amid West Asia WarRussian Oil Tanker Bound for China Makes U-Turn to India as Delhi Steps Up Imports Amid Iran War’Esteemed, Kind People’: Iran Thanks India As It Receives First Medical Aid Shipment From New DelhiIndia Secures Oil Supply As Jag Laadki Ship Survives War Threat At Hormuz, Reaches Gujarat SafelyIndia On Target? Taj Mahal In Controversial US Deportation Ad Sparks Debate Over Migrant Exit Policy’Married Modi-ji’: PM Modi Laughs As Mallikarjun Kharge Cracks Joke On Deve Gowda In Rajya Sabha123PhotostoriesGudi Padwa 2026: Why do Marathi people eat Neem Leaves on the first day of the Hindu New YearTamil Nadu Elections 2026: The main faces to watch out for in the high-stakes contestYour blood test may look normal, but these hidden markers can reveal early metabolic risk (and what you can do about it)How to overcome dating burnoutRelationship expert reveals the biggest green flag in a healthy relationshipChaitra Navratri 2026: Traditional bhog offered to 9 avatars of Goddess Durga during the 9-day festivalNot sure what to do with old pillows? Here are smart ways to reuse them5 superbikes that offer the ultimate riding experienceHow to dry clean clothes at home: A step-by-step guideUgadi 2026: 8 traditional dishes prepared on the day of festival123Hot PicksMaternity leaveBengal police reshuffleMatthew Van DykeGold rate todayIncome Tax CalculatorPublic holidays March 2026Bank Holidays MarchTop TrendingRGUHS BSC Nursing ResultIran Security Chief Ali Larijani DeathGreen Card HoldersMiguel DiazJasprit BumrahChief Ali LarijaniSalman KhanBig Show rumoursVijay Party TVKRaghav Chadha
NEW DELHI: The Union Cabinet on Wednesday approved a Rs 33,660 crore scheme, Bharat Audyogik Vikas Yojana (BHAVYA), to set up 100 fully built industrial parks across the country over the next six years, aiming to boost manufacturing by making it easier for them to start factories.The parks, ranging from 100 to 1,000 acres (25 acres in hilly and northeastern states), will be developed with ready infrastructure, including roads, utilities and factory spaces, allowing companies to move quickly from planning to production.Officials said the scheme will be implemented through partnerships between the Centre, the states and private players, with states expected to take the lead in sponsoring projects. “We are expecting the state govt will be the primary sponsor for parks under the scheme… but the private sector can also come in for development,” a govt official said.The Centre will provide support of up to Rs 1 crore per acre for roads, underground utilities, drainage, factory sheds, warehousing, worker housing and support amenities and more.