The Department for Promotion of Industry and Internal Trade (DPIIT) has officially released detailed operational guidelines for the Bharat Audyogik Vikas Yojna (Bhavya) scheme, marking a significant step toward operationalising one of India's most ambitious industrial infrastructure programmes. As reported by The Times of India, Union Minister Piyush Goyal had earlier announced an accelerated timeline with the government now seeking state applications for 50 industrial parks within four months. The scheme was notified on April 10, just a month after Cabinet approval, with operational guidelines issued on Saturday. The launch of these guidelines formally initiates the implementation phase of the BHAVYA Scheme, signalling a strong policy push toward next-generation industrial infrastructure capable of supporting India's long-term economic growth and manufacturing transformation.
The industrial park development falls under the Rs 33,660 crore Bharat Audyogik Vikas Yojna (Bhavya) scheme, as reported by The Times of India. Under the scheme, states will provide land while the Centre will fund common infrastructure at about Rs 1 crore per acre. For private landowners, the scheme envisages Rs 50,000 per acre support if the state government backs the proposal. The parks will typically be 100 to 1,000 acres (with minimum 25 acres for hilly states) and are expected to promote multimodal logistics, social infrastructure such as schools, colleges and hospitals, sustainability, digital infrastructure and single-window clearances. The Centre's contribution for the parks has been capped at Rs 1 crore per acre, with states able to form joint ventures with private players, but central support will then come down to Rs 50 lakh per acre. As per latest reports, the scheme will be implemented in partnership with states and private sector players, with the government expecting that in three years, these 50 parks will be operationalised.
The scheme provides a structured approach for state participation in industrial park development, with Special Purpose Vehicles empowered as planning authorities to speed up approvals for factory, pollution, boiler and explosives licenses, common treatment plants, testing facilities and centres of excellence. As reported by The Times of India, the government will use objective criteria for selection and give preference to early applicants. Proactive states with land identified will be prioritised, and smaller parks may be considered for regions like Bastar to expand economic opportunities. To get central support for the proposed industrial parks, states and Union territories will have to compete among themselves by presenting high quality viable proposals which would then be judged based on objective criteria. The selection process will be through a "challenge method", and states that provide better facilities, such as land, water and power, are likely to attract investors. To participate, states should set up a special purpose vehicle (SPV), notify a planning authority and establish a single-window clearance mechanism to ensure faster approval of their applications.
The newly released guidelines emphasize the creation of "investment-ready" industrial ecosystems equipped with advanced plug-and-play infrastructure that enables industries to begin operations with minimal delays. According to the guidelines, both greenfield and eligible brownfield industrial parks will be supported under the programme, with minimum land requirements of 100 acres for non-hilly states and a lower threshold of 25 acres for hilly states, northeastern states, Union Territories, and smaller states. The framework allows consideration of large industrial parks extending up to 1,000 acres. Industrial parks developed under BHAVYA are expected to integrate skilling facilities and worker-centric amenities that improve labour productivity, support industrial efficiency, and enhance the overall investment environment. Implementation of projects will be carried out through Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013, which will be responsible for project planning, infrastructure development, investor facilitation, operations, maintenance, and long-term management of industrial assets.
The initiative aims to establish 100 industrial parks as part of the broader Bhavya scheme, representing a significant expansion of industrial infrastructure across the country. According to The Times of India, Goyal highlighted that the scheme is designed for industrialisation, not just for exports like SEZs, and will also serve the domestic market. He linked the initiative to India's broader economic resilience, noting that India enjoys favor amongst global investors as a preferred investment destination with record gross FDI of $95 billion for the year ended March 2026, up 17% YoY. The minister emphasized the government's focus on self-reliance, promoting domestic manufacturing, deep tech through the Rs 1 lakh crore Research Foundation, and the Rs 10,000 crore startup fund of fund 2.0. The 100 industrial parks are planned over a period of six years from 2026-27 to 2031-32, with normal development timelines of two to three years for land development followed by another two years for units to start operations. As per latest reports, BHAVYA will strengthen domestic supply chains, promote regional industrialisation and create new opportunities for millions of people, benefiting manufacturing units, MSMEs, startups and global investors seeking ready-to-use industrial infrastructure.
