DPIIT Launches BHAVYA Scheme for Industrial Park Development
The Department for Promotion of Industry and Internal Trade under the Ministry of Commerce & Industry has released guidelines for the BHAVYA Scheme, a major initiative designed to create 100 industrial parks in India by 2031-32 with an outlay of ₹33,660 crore. The scheme will focus on developing investment-ready industrial ecosystems, offering high-quality infrastructure, and integrating modern governance systems to boost India's manufacturing capabilities and global competitiveness.
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