- Union Commerce and Industry Minister Piyush Goyal launched the BHAVYA Portal in New Delhi.
- The portal marks the operational beginning of the Bharat Audyogik Vikas Yojana (BHAVYA), an ambitious government initiative aimed at developing 100 world-class industrial parks across the country over the next six years.
- The BHAVYA Scheme has been designed to strengthen India’s manufacturing ecosystem, attract domestic and foreign investment, and create large-scale employment opportunities.
- Under the scheme, states and union territories will compete by submitting detailed project proposals showcasing their industrial strengths, available land, infrastructure readiness, and sectoral potential.
Focus on Infrastructure and Ease of Doing Business
- India’s strong focus on infrastructure development over the past decade has laid the foundation for sustained economic growth.
- Investments in highways, railways, airports, ports, power infrastructure, water supply, and digital connectivity have significantly improved the business environment.
- The key reforms such as the Goods and Services Tax (GST), the Insolvency and Bankruptcy Code (IBC), labour reforms, expansion of 5G connectivity, support for startups, and free trade agreements that have enhanced India’s attractiveness as an investment destination.
- India’s large domestic market, young workforce, and growing technological capabilities are making the country an increasingly preferred destination for global investors.
100 Industrial Parks to be Developed
A major objective of the BHAVYA Scheme is the creation of 100 investment-ready industrial parks across India. These parks will vary in size based on regional requirements:
- 25 acres in hilly regions, smaller Union Territories, and Northeastern states.
- 100–500 acres in medium-sized states and regions.
- Up to 1,000 acres in areas close to major cities and industrial hubs.
Land for these parks will be provided by state governments, while infrastructure development will be supported by the Government of India through the National Industrial Corridor Development Corporation under a 51:49 partnership model.
Plug-and-Play Industrial Ecosystems
The proposed industrial parks will offer plug-and-play infrastructure, including:
- Reliable water and power supply
- Road and rail connectivity
- Clear land titles
- Digital single-window approvals
- Air connectivity wherever feasible
The parks will also feature dedicated spaces for startups, deep-tech companies, research and development centres, innovation-driven enterprises, and technology-focused businesses.
Modern Testing and Innovation Facilities
- To improve industrial competitiveness, the government plans to establish advanced testing facilities within these parks in collaboration with organizations such as the Bureau of Indian Standards, Export Inspection Agency, and Food Safety and Standards Authority of India.
- These facilities will enable industries to conduct quality testing and certification processes efficiently, reducing costs and improving export readiness.
International Enclaves and GCC Opportunities
- The government is also considering the development of dedicated zones for Global Capability Centres (GCCs), worker housing, and social infrastructure within industrial parks.
- Additionally, special international enclaves may be established in collaboration with countries such as Japan, Singapore, Republic of Korea, and Switzerland to facilitate foreign investment and provide a familiar working environment for international professionals.
₹33,660 Crore Investment Plan
The Union Cabinet has approved the BHAVYA Scheme with a total outlay of ₹33,660 crore. The programme aims to create integrated industrial ecosystems featuring:
- Multimodal connectivity
- Reliable utility infrastructure
- Digital governance systems
- Worker-support facilities
- Sustainable development features
The government expects the scheme to generate significant private investment, create millions of direct and indirect employment opportunities, and strengthen India’s manufacturing competitiveness globally.
BHAVYA Portal: A Single Digital Interface
Developed by the National Industrial Corridor Development Corporation (NICDC), the BHAVYA Portal will serve as a comprehensive digital platform for the entire project lifecycle.
The portal will facilitate:
- Submission of Detailed Project Reports (DPRs)
- Project evaluation and appraisal
- Real-time monitoring of implementation progress
- Coordination among stakeholders
- Transparent selection of industrial park proposals
The first phase will consider applications submitted between June 1 and July 31, 2026, for the development of 20 industrial parks. An additional 30 parks will be selected from applications received up to September 30, 2026, with future phases being implemented based on lessons learned from the initial rounds.