The government releases operational guidelines for the BHAVYA Scheme, which aims to develop 100 world-class industrial parks across India with a total outlay of Rs 33,660 crore over six years.
The Department for Promotion of Industry and Internal Trade (DPIIT) released detailed operational guidelines on May 23, 2026 for the implementation of the BHAVYA Scheme, a Central Sector Scheme aimed at developing investment-ready industrial parks across India from 2026–27 to 2031–32.
The scheme provides for the development of 100 industrial parks over six years with a total financial outlay of approximately Rs 33,660 crore. In its first phase, up to 50 industrial parks will be selected through a challenge-based competitive process. The guidelines cover eligibility criteria, project selection methodology, funding structure, governance architecture and monitoring systems.
Both greenfield and eligible brownfield parks are covered, with minimum land requirements set at 100 acres for non-hilly states and 25 acres for hilly states, north-eastern states, union territories and smaller states. Parks of up to 1,000 acres may also be considered. The scheme is aligned with the objectives of Make in India and PM Gati Shakti.
Projects under BHAVYA will be implemented through Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013, which will be responsible for planning, development, operation, investor facilitation and long-term maintenance. Financial assistance will be provided as equity contribution linked to land transferred to the SPV and achievement of prescribed milestones. The National Industrial Corridor Development Corporation (NICDC) has been designated as the Project Management Agency for implementation and monitoring. Selection of proposals will be evaluated on parameters including multimodal connectivity, site suitability, infrastructure quality, industrial ecosystem strength, policy facilitation and digital governance readiness. Infrastructure components to be assessed include underground utility systems, water and waste management, common effluent treatment systems, renewable energy infrastructure, worker housing, testing laboratories, digital single-window systems and skill development facilities. Oversight will be provided by a National Level Steering Committee chaired by the Secretary, DPIIT, supported by GIS-based monitoring systems and periodic audit mechanisms.
Source: Press Information Bureau (PIB)
