Chemicals & Plastics #bhavya-rasayan#chemical parks
Cabinet Approves ₹3,030 Crore BHAVYA-Rasayan Scheme for Three Chemical Parks in India
The Indian Cabinet, chaired by Prime Minister Narendra Modi, has approved the BHAVYA-Rasayan Scheme with an outlay of ₹3,030 crore to establish three dedicated chemical parks. The scheme aims to promote the chemical industry along value chains, efficient resource utilisation, and lower logistics costs, with grants of up to ₹1,000 crore per park subject to state contributions.
Jul 24, 2026 1 source