Jaipur: Rajasthan has proposed seven locations to capitalise on the Centre’s Bhavya scheme (Building High-Impact Value Yards for Accelerated Development), aimed at creating next-generation industrial hubs.Designed around plug-and-play industrial ecosystems, the seven locations will provide trunk infrastructure, multimodal connectivity and streamlined governance through Special Purpose Vehicles (SPVs) to ensure faster execution.The scheme, steered by National Industrial Corridor Development Corporation (NICDC), aims to develop 100 high-potential industrial and urban growth nodes across the country.A senior industries department official said that two major nodes in the state, the Khushkhera-Bhiwadi-Neemrana Investment Region and the Jodhpur-Pali-Marwar Industrial Area, are already under various stages of development.“Work has already started on the ground at JPMIA through a joint venture with NICDC Trust (NICDIT), reflecting the state’s readiness to translate policy into execution,” he said.Highlighting the readiness for execution, he said the presence of an established SPV framework between Rajasthan and NICDC further strengthens institutional capacity, ensuring smoother coordination and faster implementation timelines.Most of these seven sites lie within the influence zone of the DMIC, giving Rajasthan a strategic edge in terms of connectivity, logistics integration and industrial clustering.“The state already has substantial land parcels in its possession at the identified sites, which is expected to significantly reduce project gestation periods — a critical factor in attracting investors,” he added.Speaking about the investor sentiment for such projects, he said that during the Rising Rajasthan 2024 summit, the state witnessed strong interest across manufacturing, logistics and allied sectors. “This momentum is likely to further enhance the viability of Rajasthan’s proposed Bhavya nodes,” he added.The department bets on development in DMIC regions, its robust institutional framework, readily available land and rising investor confidence to leverage the Bhavya scheme. “Early approval from NICDC could cement the state’s role as a key industrial growth hub,” he added.
