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States will be able to submit applications from June 1 under the INR 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) scheme to develop 100 plug-and-play industrial parks across India over 2026–27 to 2031–32. The first phase will select 50 proposals through two rounds of evaluation, with up to 20 projects expected in the first round ending July 31, 2026. The scheme, approved by the Union Cabinet on March 18, aims to create investment-ready industrial infrastructure with defined land and connectivity norms.
States will begin submitting proposals from June 1 under the INR 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA), a central initiative aimed at developing 100 plug-and-play industrial parks across the country over a six-year period from 2026–27 to 2031–32. The scheme was approved by the Union Cabinet on March 18 as part of efforts to strengthen industrial infrastructure and expand manufacturing capacity. Advertisement
As per operational guidelines issued by the Department for Promotion of Industry and Internal Trade, the implementation will begin with a first phase comprising 50 proposals, which will be selected through two rounds of evaluation. The first selection window will open on June 1 and close on July 31, 2026, during which up to 20 proposals may be approved. The second round will follow from August 1 to September 30, 2026, allowing additional submissions and revised applications from those not selected initially.
The scheme is designed to create investment-ready, plug-and-play industrial infrastructure to enable faster grounding of manufacturing projects and reduce bottlenecks in industrial development. It emphasises ease of doing business by ensuring availability of pre-developed infrastructure and utilities for investors.
Land requirements under the scheme vary by region. Non-hilly states must provide a minimum of 100 acres of contiguous land for industrial park development, while hilly states, northeastern states, Union Territories, and states with populations below one crore — including Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Goa — are required to provide at least 25 acres.
The framework also permits up to 20 of the 100 industrial parks to have larger development areas ranging between 500 acres and 1,000 acres. For phased development projects, funding support will be capped at an upper limit corresponding to 1,000 acres.
Land may be provided by state governments, private developers, or through joint arrangements between state agencies and private entities, as well as Central Public Sector Undertakings. Proposals will be assessed on parameters such as multi-modal connectivity, site suitability, quality of infrastructure proposed in the DPR, industrial ecosystem strength, and supporting policy measures offered by states.
Source PTI
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