Bharat Audyogik Vikas Yojna
About
- The Bharat Audyogik Vikas Yojna (BHAVYA) was launched in March 2026 as a Central Sector Scheme to develop 100 plug-and-play industrial parks across the country in the next 6 years.
- The scheme is aimed at boosting manufacturing, attracting investments and generating large-scale employment.
Key Features
- BHAVYA will focus on developing modern, ready-to-use industrial ecosystems, covering both greenfield (new) and eligible brownfield (existing) industrial parks.
- The initiative will be implemented in partnership with states and private players, with parks ranging in size from 100 to 1,000 acres.
- The minimum contiguous land parcel size has been kept at 25 acres for north-eastern and hilly States.
- A key feature of the scheme is its emphasis on streamlined approvals and single-window clearances, enabling industries to move quickly from planning to production.
- Project selection will be carried out through a challenge-based mechanism, ensuring that only high-quality, investment-ready proposals are approved.
- The National Industrial Corridor Development Corporation (NICDC), under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, will play a key role in implementing the initiative.
Financial Assistance
- Financial assistance of up to ₹1 crore per acre will be provided for core infrastructure such as roads, utilities, drainage and ICT systems; value-added facilities including factory sheds, testing labs and warehousing; and social infrastructure like worker housing and support amenities.
- Additional support of up to 25% of project cost will be extended for external connectivity infrastructure.