SME Times is powered by   
Search News
Just in:   • India, Venezuela discuss deeper energy ties amid crude supply concerns  • BHEL shares jump over 2 pc on bagging Rs 21,000 crore power project order  • RBI’s repo rate decision reflects wait-and-watch approach to assess evolving global situation  • India clocks robust 7.7 pc GDP growth in 2025-26, Q4 growth at 7.8 pc  • RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance 
Last updated: 30 May, 2026  

bhavya.jpg BHAVYA scheme to create investment-ready industrial parks, boost manufacturing: DPIIT Secretary

bhavya.jpg
   Top Stories
» India clocks robust 7.7 pc GDP growth in 2025-26, Q4 growth at 7.8 pc
» RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance
» Crude oil prices fall over 1 pc as ceasefire hopes ease West Asia concerns
» Forced labour import curbs: US proposes up to 12.5 pc tariff on 60 countries, including India
» GST collections clock nearly Rs 2 lakh crore in May after robust April
IANS | 29 May, 2026

The Bharat Audyogik Vikas Yojana (BHAVYA) scheme aims to create investment-ready industrial parks that can rapidly attract industries, generate employment and strengthen India’s manufacturing ecosystem, DPIIT Secretary Amardeep Singh Bhatia said on Friday.

Addressing the gathering during a workshop organised by the National Industrial Corridor Development Corporation (NICDC) here, Bhatia said the success of the BHAVYA scheme would not be measured merely by infrastructure creation, but by how effectively industrial parks attract investors and emerge as operational manufacturing hubs.

He urged States and Union Territories to prepare investor-centric proposals highlighting ease of doing business, competitive advantages and strong supporting ecosystems to ensure industries can begin operations within a reasonable timeframe.

He further said project evaluation under the scheme would focus on long-term industrial viability and investment potential.

“The scheme seeks to create industrial parks where infrastructure readiness translates into rapid investment grounding, manufacturing activity, employment generation and export competitiveness,” Bhatia stated.

The workshop, organised under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), focused on the BHAVYA Scheme framework and testing facilities offered by the National Test House (NTH) and the Bureau of Indian Standards (BIS).

More than 100 representatives from 31 States and Union Territories participated in the discussions held at Vanijya Bhawan.

NICDC Chief Executive Officer and Managing Director Rajat Kumar Saini, in his welcome address, highlighted the importance of developing investment-ready industrial ecosystems backed by robust infrastructure, testing facilities and institutional support.

The workshop was organised in two sessions. The first session focused on quality infrastructure and testing facilities.

National Test House Director General Dr. Alok Srivastav presented the organisation’s expanding testing and certification ecosystem, including capabilities in drone certification, EV battery testing, aerospace components, solar equipment and organic food testing.

NTH also highlighted its collaboration with NICDC to establish testing facilities and sample collection centres within industrial corridor projects so industries can access quality certification services closer to manufacturing hubs.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.2
₹92.5
UK Pound
₹128.85
₹124.8
Euro
₹112.2
₹108.45
Japanese Yen ₹59.85 ₹58
As on 06 May, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter