Background and Context
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has released operational guidelines for the Bharat Audyogik Vikas Yojana (BHAVYA) scheme. This represents a significant step in India's industrial development strategy.
Key Objectives
- Strengthen India's manufacturing ecosystem through integrated industrial infrastructure
- Align with Make in India, PM Gati Shakti, and India's vision of becoming a globally competitive manufacturing hub
- Create investment-ready, world-class industrial parks
Coverage and Financial Outlay
| Parameter | Details |
|---|---|
| Number of Industrial Parks | 100 over six years |
| Timeline | 2026-27 to 2031-32 |
| Total Financial Outlay | ₹33,660 crore |
| First Phase | Up to 50 parks |
| Selection Method | Challenge-based competitive process |
Infrastructure Focus
The scheme will create plug-and-play industrial ecosystems featuring:
- Multimodal logistics connectivity
- Reliable utilities and power infrastructure
- Worker-support infrastructure (housing, amenities)
- Digital governance systems
- Sustainable development features
Land Requirements
| Category | Minimum Land Requirement |
|---|---|
| Non-hilly States | 100 acres |
| Hilly States, NE States, UTs, Smaller States | 25 acres |
Implementation Framework
- Special Purpose Vehicles (SPVs) established under the Companies Act, 2013
- National Industrial Corridor Development Corporation (NICDC) serves as Project Management Agency
- NICDC handles implementation and monitoring responsibilities
Monitoring Mechanism
- GIS-based monitoring system
- Periodic reporting requirements
- Regular audits
- Oversight by National Level Steering Committee
Expected Outcomes
- Attract manufacturing investments
- Strengthen domestic and global supply chains
- Generate employment opportunities
- Integrate India with global value chains
- Boost industrial competitiveness
Coverage Types
- Greenfield parks: Newly developed industrial areas
- Eligible Brownfield parks: Existing industrial areas meeting criteria
Constitutional/Policy Alignment
This scheme aligns with:
- Make in India Initiative
- PM Gati Shakti National Master Plan
- National Industrial Corridor Programme
- Atma Nirbhar Bharat Abhiyan