· Manufacturing & Investment · Source: thehindu.com

Cabinet approves ₹33,660 crore BHAVYA scheme for 100 new industrial parks by 2032

The Union Cabinet has approved the ₹33,660 crore BHAVYA scheme to develop 100 plug-and-play industrial parks across India by 2032. The initiative will integrate with PM GatiShakti for better connectivity and logistics. With central funding support of up to ₹1 crore per acre, the scheme aims to boost industrial infrastructure through collaboration between Government of India, states, and private players.

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