The Department for Promotion of Industry and Internal Trade has released detailed guidelines for implementing the Bharat Audyogik Vikas Yojna (BHAVYA), a central sector scheme aimed at developing 100 investment-ready industrial parks across India. The scheme carries a total outlay of about ₹33,660 crore over a six-year period from 2026-27 to 2031-32.
According to the guidelines, BHAVYA is designed to create integrated, plug-and-play industrial ecosystems with high-quality infrastructure, reliable utilities and streamlined regulatory interfaces, aligned with broader national goals of strengthening manufacturing and integrating India into global value chains. The parks, to be developed in partnership with states and other implementing agencies, will focus on industrial readiness, multimodal connectivity and sustainable development features rather than basic industrial zoning alone.
The scheme provides for the development of 100 industrial parks over six years, with individual parks typically ranging from 100 to 1,000 acres. Land requirements are set at a minimum of 100 acres in most states, with a reduced threshold of 25 acres for hilly and northeastern states and certain smaller territories to ensure broader geographic participation. The guidelines envisage both greenfield and qualifying brownfield parks, provided they can be made investment-ready within the programme period.
Project selection will take place through a challenge-based framework, under which states and other sponsors will compete on a set of objective parameters. Evaluation criteria include site suitability, quality and readiness of core and value-added infrastructure, strength of local industrial ecosystems, policy and regulatory facilitation, digital governance systems and long-term environmental and financial sustainability. Proposals will be expected to demonstrate clear plans for utilities, internal roads, common treatment facilities, warehousing, testing and certification facilities, worker housing and social amenities.
Implementation will be routed through special purpose vehicles, which will be responsible for park planning, development, operations and investor facilitation. The National Industrial Corridor Development Corporation has been designated as the project management and anchoring agency under the broader National Industrial Corridor Development Programme framework. Financial support from the Centre will be structured as equity or capital assistance linked to land contribution and the achievement of specified milestones, with additional provisions for supporting external connectivity and convergence with other central and state schemes.
The government expects the BHAVYA framework to accelerate the creation of investment-ready industrial land, reduce time-to-production for new manufacturing projects and support employment generation over the medium term. The guidelines emphasise the use of digital monitoring tools, periodic reporting and high-level steering mechanisms to track progress and maintain transparency during implementation.
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