Centre Announces BHAVYA Scheme to Develop 100 Industrial Parks Across India

The Government, on May 23, 2026, released guidelines for the BHAVYA (Bharat Audyogik Vikas Yojna) scheme, which proposes the development of 100 industrial parks across the country, as per news reports.  

Union Commerce and Industry Minister Piyush Goyal said the scheme has a planned outlay of ₹33,660 crore. 

The industrial parks will be developed under the National Industrial Corridor Development Programme (NICDP) with participation from states, Union Territories and private sector entities.  

Phased Rollout Planned 

Applications for the first 20 industrial parks will be invited over the next 2 months, according to the ministry.  

Another 30 parks will be taken up in the following phase, while the remaining projects will be considered later. 

States and Union Territories have been asked to submit proposals within 4 months. The Centre said project selection will depend on land availability, infrastructure, and transport connectivity. 

Goyal said Rajasthan, Maharashtra, West Bengal, and Haryana have shown interest in the programme. 

Support for Infrastructure 

The proposed industrial parks are to range between 100 acres and 1,000 acres. In hilly regions, projects may also be approved on parcels as small as 25 acres. 

Financial support of up to ₹1 crore per acre has been proposed for infrastructure development.  

This includes internal roads, underground utility systems, drainage facilities, warehouses, testing laboratories, and worker housing. 

The Centre has also proposed support of up to 25% of project cost for external infrastructure such as transport and logistics links. For projects involving private participation, assistance of ₹50 lakh per acre has been proposed. 

Implementation Framework 

The government said the parks will be aligned with the PM GatiShakti National Master Plan, with focus on freight connectivity and integrated infrastructure planning. 

States have also been asked to set up special purpose vehicles and single-window clearance systems for approvals. The National Industrial Corridor Development Corporation (NICDC) will oversee implementation of the scheme. 

The Centre expects the first set of industrial parks under the programme to become operational within 3 years. 

Read More: Indiramma Bima Scheme to Launch on June 2, 2026, in Telangana, Announced by Deputy CM Bhatti Vikramarka! 

Conclusion  

Implementation of the scheme will be overseen by the National Industrial Corridor Development Corporation (NICDC). States have also been asked to establish single-window systems for approvals. 

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