Government Schemesv3 · 3 versions
BHAVYA Rasayan - Chemical Parks Scheme
BHAVYA Rasayan is the Rs 3,030 crore scheme cleared by the Union Cabinet on 24 July 2026 to fund three state-built chemical parks over five years, FY 2026-27 to FY 2030-31. It is in the news because the Chemicals ministry's 14th India Chem exhibition opened in Mumbai on 22 October 2026, and the minister used the opening to pitch the parks to investors.
Last updated 22 October 20265 min read
Latest update
Adds the 14th India Chem (Mumbai, 22-24 Oct 2026; DCPC with FICCI; Japan as partner country) and the official projection of a USD 300 billion chemicals industry by 2030.
- BHAVYA Rasayan
- Bharat Audyogik Vikas Yojana Rasayan
- chemical parks
- Union Cabinet
- CCEA
- chemical industry
- import substitution
- Viksit Bharat 2047
- India Chem 2026
- FICCI
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