The Indian government has introduced the Bharat Audyogik Vikas Yojna (BHAVYA), a ₹33,660 crore initiative aimed at developing 100 plug-and-play industrial parks across the country. Announced by Commerce and Industry Minister Piyush Goyal, the scheme seeks to attract substantial investments and create jobs while providing modern social infrastructure. The Union Cabinet approved the initiative on March 18, with a focus on enhancing industrial infrastructure to stimulate economic growth. States will play a crucial role by providing land, while the National Industrial Corridor Development Corporation (NICDC) will assist in infrastructure development. The scheme will encourage states to submit detailed project proposals that highlight their industrial strengths and investor interest. Goyal mentioned that the government aims to cater to various sectors, including chemicals and manufacturing, and will explore partnerships with countries like Japan and Switzerland for dedicated international enclaves. The first phase will see applications for 20 parks accepted from June 1 to July 31, with further phases planned based on initial feedback.