New Delhi, June 9 -- The Centre on Monday launched a Rs.33,660-crore programme to develop 100 investment-ready industrial parks across India. The Bharat Audyogik Vikas Yojana (Bhavya) scheme seeks to create world-class manufacturing hubs with plug-and-play infrastructure, multimodal connectivity and digital governance systems to attract investments, boost jobs and strengthen India's manufacturing ecosystem. Mint explains the scheme and why it is important.

The Bharat Audyogik Vikas Yojana (Bhavya) is the Centre's flagship industrial infrastructure programme aimed at developing 100 industrial parks between FY27 and FY32. Designed as investment-ready manufacturing ecosystems, these parks will offer multimodal connectivity, reliable utiliti...