New Delhi, 10th June 2026: Folks Funds, a SEBI-registered Category II Alternative Investment Fund, has proposed The Blue IP, a next-generation industrial and logistics platform aligned with the objectives of the Government of India’s ₹33,660 crore BHAVYA Scheme.
Envisioned as an integrated industrial ecosystem, The Blue IP aims to support manufacturing, EV supply chains, warehousing, logistics, clean mobility, energy transition and export-oriented industries through plug-and-play infrastructure and long-term capital support.
The initiative is currently at the concept and feasibility stage, with Folks Funds evaluating a phased development model and potential locations across key industrial corridors.
Commenting on the proposal, Nikhil Anand Khurana, Chief Investment Officer, Folks Funds, said: “We thank Hon’ble Minister Shri Piyush Goyal for driving initiatives such as the BHAVYA Scheme that are strengthening India’s industrial competitiveness. As India advances its manufacturing ambitions, there is a growing need for integrated industrial ecosystems that bring together infrastructure, logistics, capital and innovation.”
“Through The Blue IP, we aim to explore the creation of a platform that supports manufacturers, MSMEs, mobility companies and supply-chain players while contributing to investment, employment generation and industrial growth.” He added
Folks Funds believes India is well-positioned to emerge as a global hub for advanced manufacturing, EV supply chains and industrial infrastructure. The proposed development reflects the fund’s broader investment focus on industrial infrastructure, clean mobility, logistics, energy transition and ESG-led opportunities.
