Commerce and Industry Minister Piyush Goyal has launched the BHAVYA portal to accelerate development of 100 investment-ready industrial parks across India. On May 23, The Department for Promotion of Industry and Internal Trade (DPIIT) had released the detailed operational guidelines for the implementation of the Bharat Audyogik Vikas Yojna (BHAVYA) Scheme. The Scheme provides for development of 100 industrial parks over a period of six years from 2026-27 to 2031-32, with a total financial outlay of approximately ₹33,660 crore.
In the first phase, up to 50 industrial parks will be taken up through a challenge-based competitive selection process. Up to 20 Industrial parks will be selected from the applications received by 31st July, and 30 more will be selected from applications received in the subsequent 4 months, said the DPIIT Secretary Amardeep Singh Bhatia. He added that an evaluation matrix has been laid down for use by the National Steering Committee to select applicants.
The Guidelines lay down a framework covering eligibility criteria, project selection methodology, funding structure, governance architecture, monitoring systems, and implementation modalities for industrial parks under the Scheme, which aims to create “investment-ready” industrial ecosystems with plug-and-play infrastructure, multimodal logistics connectivity, reliable utility systems, worker-support infrastructure, digital governance systems, and sustainable development features.
On 18th March, the Union Cabinet had approved the scheme. The government had said that move will build on the success of Industrial Smart Cities developed under the National Industrial Corridor Development Programme (NICDP) framework, and BHAVYA will be implemented in partnership with states and private sector players. The National Industrial Corridor Development Corporation (NICDC), designated as the Project Management Agency for the scheme, will be responsible for its implementation and monitoring. NICDC is currently implementing 20 projects across 13 states under the NICDP.
Stressing on deregulation and ease of doing business, BHAVYA aims at streamlining approvals, effective single-window systems, and investor-friendly reforms led by states. The scheme aims to deliver plug-and-play industrial ecosystems to enable industries to move to production with speed and certainty with pre-approved land, ready infrastructure, and integrated services aiming to reduce entry barriers for investors.
Support for external infrastructure will be given up to 25% of project cost. Under the scheme, industrial parks ranging from 100 to 1000 acres will be taken up for development. Financial support of up to ₹1 crore per acre will be provided for:
Core infrastructure (internal roads, underground utilities, drainage, common treatment facilities, ICT and administrative systems)
Value-added infrastructure (ready-built factory sheds, built-to-suit units, testing labs, warehousing)
Social infrastructure (worker housing and support amenities)
