India Launches BHAVYA Scheme to Develop 100 Industrial Parks and Promote Investments
Union Minister of Commerce and Industry Piyush Goyal on Monday launched the BHAVYA Portal in New Delhi, marking a significant step towards the operationalisation of the Bharat Audyogik Vikas Yojana (BHAVYA). Addressing the gathering, Goyal said the BHAVYA Scheme would adopt a competitive model under which states would be encouraged to submit detailed project proposals highlighting their industrial strengths, availability of land, investor interest and sectoral potential. He said the government would work closely with industry to identify suitable sectors and infrastructure requirements for each location, whether for chemicals, manufacturing, data centres or other industries. The minister said investors would be able to access detailed information on industrial parks through digital platforms, including land availability, connectivity and surrounding infrastructure, enabling them to make informed investment decisions. He said the scheme seeks to ensure that industrial parks are designed according to the specific needs of different sectors and investors. Highlighting the government’s efforts over the past decade, Goyal said investments in roads, highways, railways, metros, airports, ports, power infrastructure, water availability and digital connectivity had helped create an enabling environment for economic development and social welfare. He also referred to reforms such as GST, the Insolvency and Bankruptcy Code, labour reforms, expansion of 5G connectivity, promotion of startups, support for investments and free trade agreements. Goyal said India is increasingly being viewed as a trusted partner and an attractive investment destination because of its scale, growing demand, young talent and youthful energy. He added that the government remains committed to creating opportunities for businesses, industry, farmers, fishermen, startups and women entrepreneurs. Announcing details of the scheme, the minister said BHAVYA aims to develop 100 industrial parks across the country to promote large-scale job creation through greater investments. He said the parks would be developed in different sizes, ranging from 25 acres in hilly regions, smaller Union Territories and Northeastern states to between 100 and 500 acres in mid-sized states and regions, and up to 1,000 acres in locations closer to cities and towns. He said land for the parks would be provided by state governments, while the Government of India would support infrastructure creation through the National Industrial Corridor Development Corporation (NICDC), which would partner with states under a 51:49 model. He added that the objective is to create plug-and-play industrial parks focused on industries best suited to specific locations. According to Goyal, the parks will provide infrastructure including assured water and power supply, road and rail connectivity, land titles, digital single-window clearances and, where feasible, air connectivity. He said the government would also explore earmarking areas for startups, deep-tech enterprises, technology-oriented businesses, research and development activities and innovation-led enterprises. The minister said efforts would be made to establish modern testing facilities in partnership with institutions such as the Bureau of Indian Standards (BIS), Export Inspection Agency (EIA) and the Food Safety and Standards Authority of India (FSSAI). He added that the government is also open to developing dedicated areas for Global Capability Centres (GCCs), worker housing and social infrastructure within the parks. Goyal said the possibility of creating dedicated international enclaves in partnership with countries such as Japan, Singapore, the Republic of Korea and Switzerland could also be explored. Expressing confidence in the initiative, Goyal said the ₹34,000 crore earmarked by the Central Government for the development of 100 industrial parks would catalyse substantial investments, generate direct and indirect employment, strengthen Centre-State partnership and support industrial growth across the country. The minister informed that applications received between June 1 and July 31 would be considered for the first phase of 20 parks, while a further 30 parks would be taken up based on applications received up to September 30. Subsequent phases would be implemented based on the experience and learnings from the initial rounds. Goyal said the BHAVYA Scheme is intended to promote investments across India and support the vision of Viksit Bharat 2047. He expressed confidence that the initiative would contribute to a new phase of industrial development and business growth in the country. Approved by the Union Cabinet with an outlay of ₹33,660 crore, BHAVYA is the government’s flagship programme for developing 100 investment-ready, world-class industrial parks over a period of six years. The scheme aims to create integrated industrial ecosystems featuring multimodal connectivity, reliable utility infrastructure, digital governance systems, worker-support facilities and sustainable development features. NICDC, designated as the Project Management Agency for the scheme, is responsible for its implementation and monitoring. According to the release, NICDC has developed the BHAVYA Portal as a comprehensive digital platform to support the entire project lifecycle under the scheme. The Department for Promotion of Industry and Internal Trade (DPIIT) released the operational guidelines for BHAVYA in May 2026. According to the release, the portal will serve as a single digital interface for end-to-end implementation of the scheme, facilitating submission of Detailed Project Reports, project appraisal and evaluation, and real-time monitoring of implementation progress. Secretary, DPIIT, Amardeep Singh Bhatia, said robust digital systems are essential for effective programme management and informed decision-making at scale. He said the portal would strengthen implementation of the scheme and enable faster operationalisation of industrial parks across the country. CEO and Managing Director, NICDC, Rajat Kumar Saini, said the platform had been designed to support the complete lifecycle of projects under BHAVYA and would facilitate efficient coordination among stakeholders while strengthening transparency and accountability in implementation. The launch event was attended by representatives of state and Union Territory governments, industry associations, Export Promotion Councils, banks and financial institutions, master developers and MSMEs. It was followed by an interaction between Goyal and industry stakeholders on industrial infrastructure development, investment facilitation, ease of doing business, logistics efficiency and the role of integrated industrial parks in strengthening domestic manufacturing capabilities and global value chain integration. According to the ministry of commerce and industry, the launch of the BHAVYA Portal follows the Cabinet approval of the scheme, the release of its operational guidelines and consultations with states and Union Territories. The release said the scheme is expected to attract substantial domestic and foreign investment, generate large-scale industrial employment and contribute significantly to India’s emergence as a globally competitive manufacturing destination.
&w=3840&q=75)
-1780927268506_v.webp&w=3840&q=75)
-1780925357493_v.webp&w=3840&q=75)
&w=3840&q=75)
&w=3840&q=75)
&w=3840&q=75)
