India Launches BHAVYA Portal To Develop 100 Industrial Parks

The Government of India has launched the BHAVYA portal to accelerate the development of industrial parks across the country. The initiative is part of the Bharat Audyogik Vikas Yojna (BHAVYA) scheme unveiled by the Department for Promotion of Industry and Internal Trade.

The scheme aims to build 100 investment-ready industrial parks over a 6-year period from FY27 to FY32. It is designed to strengthen manufacturing infrastructure and improve ease of doing business.

BHAVYA Scheme Overview and Financial Outlay

The BHAVYA scheme has a total financial outlay of approximately ₹33,660 crore. It seeks to develop industrial parks equipped with plug-and-play infrastructure and modern facilities.

The parks will support industries by offering ready-to-use spaces with integrated services. The scheme builds on existing industrial development initiatives to enhance manufacturing competitiveness.

Phased Implementation and Selection Process

The implementation will follow a phased approach, starting with 50 industrial parks in the first phase. Up to 20 parks will be selected from applications received by July 31, 2026, while the remaining 30 will be shortlisted over the next 4 months.

The selection will be based on a challenge-driven competitive process. An evaluation matrix has been defined for use by the National Steering Committee to ensure transparent and structured selection.

Infrastructure And Development Features

The scheme aims to create investment-ready industrial ecosystems through comprehensive infrastructure development. It includes core infrastructure such as internal roads, underground utilities, drainage systems and ICT networks, along with value-added facilities like factory sheds, testing laboratories and warehouses.

Social infrastructure, including worker housing and essential amenities, is also part of the programme. Industrial parks ranging from 100 to 1,000 acres will be developed, with financial assistance of up to ₹1 crore per acre for infrastructure creation.

Governance Framework and Implementation Model

The BHAVYA guidelines outline eligibility criteria, project selection processes and monitoring mechanisms. The National Industrial Corridor Development Corporation has been designated as the project management agency.

The scheme will be implemented in collaboration with state governments and private sector developers. This partnership model is expected to facilitate efficient execution and improve accountability.

Focus On Ease of Doing Business and Investment

The scheme emphasises deregulation and streamlined approvals to attract investments. It aims to provide single-window clearance systems for faster project execution.

Investors will benefit from pre-approved land, reliable utility services and integrated logistics connectivity. Support for external infrastructure will be provided up to 25% of the total project cost, enhancing project viability.

Read More: India Plans Major Overhaul of IIP With New Base Year and Methodology.

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Conclusion

The launch of the BHAVYA portal marks a structured step towards strengthening industrial infrastructure in India. With a focus on investment-ready parks, the scheme aims to reduce entry barriers for manufacturing businesses.

The phased implementation and competitive selection process are designed to ensure efficient utilisation of resources. Overall, the initiative reflects a coordinated approach to improving industrial growth and infrastructure development.

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