Union Minister of Commerce and Industry Shri Piyush Goyal Asks States to Fully Utilize BHAVYA Scheme and Accord Highest Priority to Exports at Board of Trade Meeting
Key Points
Last Updated: 08-07-2026. The Union Minister of Commerce and Industry, Shri Piyush Goyal, has urged states to fully utilize the BHAVYA Industrial Parks Scheme and prioritize exports, highlighting a national effort to boost India's export competitiveness. This is crucial for UPSC aspirants, especially for GS Paper 3, focusing on economic development.
Key Facts About BHAVYA Industrial Parks Scheme
- About: The Bharat Audyogik Vikas Yojana (BHAVYA) is a Central Sector Scheme under the Department for Promotion of Industry and Internal Trade (DPIIT) aimed at developing 100 investment-ready, world-class industrial parks across India.
- Objective: The scheme aims to strengthen India’s manufacturing ecosystem by creating integrated industrial infrastructure aligned with the initiatives of Make in India, PM Gati Shakti, and India’s goal of becoming a globally competitive manufacturing hub.
- Financial Outlay: Approximately ₹33,660 crore will be invested, with implementation spanning from 2026-27 to 2031-32.
- Industrial Park Development: The scheme supports both greenfield and eligible brownfield industrial parks, requiring a minimum of 100 acres for non-hilly states and 25 acres for hilly, Northeastern, Union Territory, and smaller states.
- Challenge-Based Selection: In its first phase, up to 50 industrial parks will be selected based on criteria such as connectivity, site suitability, and sustainability.
- Key Infrastructure Features: Parks will provide facilities including plug-and-play options, multimodal logistics connectivity, reliable utilities, waste management systems, renewable energy systems, and digital single-window systems.
- Implementation Mechanism: Projects will be operated through Special Purpose Vehicles (SPVs) under the Companies Act, 2013, with the National Industrial Corridor Development Corporation (NICDC) acting as the Project Management Agency.
- Significance: BHAVYA is expected to attract substantial domestic and foreign investment, reduce delays in approvals, strengthen supply chains, generate employment, boost exports, and enhance India’s integration into global value chains.
India's Export Growth and Strategic Importance
The BHAVYA scheme is pivotal in aligning with India's strategic goals of becoming a manufacturing powerhouse. By enhancing industrial infrastructure, it supports the 'Make in India' initiative and aims to integrate India more deeply into global value chains. This aligns with India's economic objectives and positions it competitively on the international stage, with export growth figures reaching USD 863 billion in FY 2025-26.
UPSC Relevance
The BHAVYA scheme is relevant for GS Paper 3, focusing on economic development and infrastructure. For prelims, questions could focus on the scheme's objectives, financial outlay, and key features. In mains, it connects to themes of industrial policy, export promotion, and economic reforms. It may also be relevant for essay papers discussing India's economic strategies.
FAQ Section
- What is the BHAVYA Industrial Parks Scheme? The BHAVYA scheme is a Central Sector initiative aimed at developing 100 world-class industrial parks across India to boost the manufacturing ecosystem and export competitiveness.
- Why is the BHAVYA scheme important? It is crucial for strengthening India's manufacturing infrastructure, aligning with national initiatives like 'Make in India', and enhancing India's position in global value chains.
- What are the key features of the BHAVYA scheme? Key features include a financial outlay of ₹33,660 crore, development of greenfield and brownfield parks, and infrastructure support like logistics connectivity and renewable energy systems.
Detailed Coverage
- Prioritize Exports: Make exports a high-priority agenda item.
- Participate in BHAVYA Scheme: States urged to engage actively in the scheme.
- Strengthen Quality Infrastructure: Establish testing facilities for product competitiveness.
- Support for Exporters: Assist micro and small enterprises with international approvals.
- Address Unfair Trade Practices: Engage with DGTR for affected industries.
- Identify Import Substitutes: Encourage local manufacturing of imported products.
- Participate in International Exhibitions: Prepare lists of exporters for overseas markets.
- Highest Exports Achieved: India recorded USD 863 billion in FY 2025-26.
- 90-Day Drive: Initiative to foster new exporter registrations across 120 districts.
- MSME-led Export Growth: Export Promotion Mission supports various interventions.
- Stronger Centre-State Partnership: Emphasis on monthly reviews to tackle challenges.
- Government Commitment: Vital for establishing India as a global export leader.
- BHAVYA Scheme Significance: Expected to attract substantial investments and enhance supply chains.
- Implementation Mechanism: Operated through SPVs under the Companies Act, 2013.
- Key Infrastructure Features: Parks to provide essential facilities for industries.
- Challenge-Based Selection: Up to 50 parks selected based on sustainability and connectivity.