BHAVYA Rasayan Scheme
The Union Cabinet, chaired by the Prime Minister, has approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) Scheme for establishing three dedicated Chemical Parks across India.
The scheme, announced in the Union Budget 2026–27, aims to create world-class industrial infrastructure for the chemical, petrochemical, downstream and ancillary industries, reducing production bottlenecks and strengthening India’s position in global value chains.
About BHAVYA Rasayan Scheme
The Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) Scheme is designed to develop integrated Chemical Parks equipped with modern infrastructure and common facilities required for the growth of chemical industries.
The scheme focuses on creating a plug-and-play industrial ecosystem where companies can establish manufacturing units with reduced infrastructure and operational challenges.
Key Features of the Scheme
Establishment of Dedicated Chemical Parks
- The scheme aims to establish three specialised Chemical Parks across India.
- These parks will support industries involved in:
- Chemicals
- Petrochemicals
- Downstream manufacturing
- Ancillary industries
Financial Support
- The total financial outlay of the scheme is ₹3,030 crore.
The allocation includes:
- ₹3,000 crore for:
- Common infrastructure development
- Basic utilities and industrial facilities
- ₹30 crore for:
- Administrative expenses
Centre-State Partnership
- The Central Government will provide financial assistance of up to ₹1,000 crore per Chemical Park.
- The concerned State Government must contribute a minimum of ₹500 crore for developing the park.
This promotes cooperative federalism by encouraging active participation of states in industrial development.
Implementation Period
- The scheme will be implemented for five years:
- FY 2026–27 to FY 2030–31
- Chemical Parks will be developed by State Governments through the Challenge Route, ensuring competitive selection and efficient implementation.
Infrastructure Facilities in Chemical Parks
The parks will provide integrated facilities to industries, including:
- Effluent Treatment Plants (ETPs)
- Hazardous waste management systems
- Water supply infrastructure
- Solvent recovery units
- Steam distribution networks
- Pipelines and utility services
- Logistics facilities
- Warehousing infrastructure
These common facilities will reduce individual investment requirements for industries.
Economic Significance of BHAVYA Rasayan Scheme
Reducing Production Costs
Integrated infrastructure will reduce:
- Logistics expenses
- Manufacturing costs
- Operational delays
This will improve the competitiveness of Indian chemical industries.
Promoting Investment
The scheme is expected to attract:
- Domestic investment
- Foreign Direct Investment (FDI)
- Global chemical manufacturers
It will create a favourable ecosystem for industrial expansion.
Strengthening Import Substitution
Chemical industries are crucial inputs for sectors such as:
- Pharmaceuticals
- Agriculture
- Textiles
- Electronics
- Automotive industries
The scheme will help reduce dependence on imported chemical products and promote Atmanirbhar Bharat.
Enhancing Export Competitiveness
Modern industrial clusters will improve:
- Production capacity
- Quality standards
- Supply chain efficiency
This will help India integrate better with global chemical value chains.
Environmental and Sustainability Benefits
The scheme focuses on sustainable industrial growth through:
- Scientific waste management systems
- Better environmental compliance
- Efficient resource utilisation
- Shared treatment facilities
This aims to balance industrial development with environmental protection.
Significance for India
BHAVYA Rasayan is expected to:
- Generate employment opportunities
- Develop downstream industries
- Promote industrial clusters
- Improve ease of doing business
- Support the vision of Atmanirbhar Bharat
- Contribute towards the goal of Viksit Bharat @ 2047
By creating integrated chemical manufacturing ecosystems, the scheme seeks to transform India into a globally competitive hub for chemical and petrochemical industries.
FAQ: BHAVYA Rasayan Scheme – Integrated Chemical Parks
What is the BHAVYA Rasayan Scheme?
The Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) Scheme is a Government of India initiative to establish three dedicated Chemical Parks with world-class infrastructure for chemical, petrochemical, downstream, and ancillary industries.
Why was the BHAVYA Rasayan Scheme launched?
The scheme was launched to strengthen India’s chemical manufacturing ecosystem, reduce production bottlenecks, promote investment, improve global competitiveness, and enhance India’s integration into global chemical value chains.
What is the financial allocation under the BHAVYA Rasayan Scheme?
The scheme has a total financial outlay of ₹3,030 crore, including ₹3,000 crore for common infrastructure development and ₹30 crore for administrative expenses.
How will Chemical Parks be developed under the BHAVYA Rasayan Scheme?
Three Chemical Parks will be developed through the Challenge Route by State Governments. The Centre will provide financial assistance of up to ₹1,000 crore per park, while the concerned State Government must contribute at least ₹500 crore.
What are the major benefits of BHAVYA Rasayan Scheme for India?
The scheme will help reduce manufacturing costs, attract domestic and foreign investment, promote import substitution, generate employment, improve export competitiveness, and support sustainable industrial development through shared infrastructure facilities.
