The government has unveiled detailed operational guidelines for the BHAVYA Scheme, an initiative focused on creating investment-ready industrial parks nationwide. BHAVYA aims to enhance India’s manufacturing sector by establishing top-notch industrial infrastructure in line with initiatives like ‘Make in India’ and ‘PM Gati Shakti’. The scheme plans to develop 100 industrial parks over six years, starting from 2026-27 to 2031-32, with an estimated budget of around Rs 33,660 crore.
The guidelines outline the establishment of up to 50 industrial parks in the initial phase through a competitive selection process. These parks will include both greenfield and eligible brownfield projects. The minimum land requirements are set at 100 acres for non-hilly states and 25 acres for hilly states, northeastern states, Union Territories, and smaller states, with the option for larger parks up to 1,000 acres.
Under the BHAVYA Scheme, the focus is on creating investment-friendly industrial ecosystems with essential infrastructure, logistics connectivity, utility systems, worker facilities, digital governance, and sustainable development aspects. Special Purpose Vehicles (SPVs) established under the Companies Act, 2013, will manage the project planning, development, operations, and long-term maintenance of assets created under the scheme.
The guidelines also emphasize coordination with relevant Central and State Government programs related to logistics, skilling, sustainability, renewable energy, utility infrastructure, and industrial growth. The scheme aims to enhance India’s manufacturing competitiveness and promote a conducive environment for investment and industrial development.
