₹33,660 Crore Outlay for Industrial Expansion
Union Commerce and Industry Minister Piyush Goyal stated that the BHAVYA scheme has a proposed outlay of approximately ₹33,660 crore.
The industrial parks will be developed with participation from:
State governments
Union Territories
Private sector entities
The programme will function under the broader framework of the National Industrial Corridor Development Programme (NICDP).
100 Industrial Parks Planned in Phases
The government plans to implement the scheme in multiple stages.
Rollout plan includes:
First phase: 20 industrial parks
Second phase: 30 industrial parks
Remaining parks to be approved in later stages
States and Union Territories have been asked to submit proposals within four months.
According to the Centre, project approvals will depend on:
Availability of contiguous land
Transport and logistics connectivity
Infrastructure readiness
Industrial potential of the region
States including:
Rajasthan
Maharashtra
West Bengal
Haryana
have reportedly shown interest in the programme.
Size and Infrastructure Support for Parks
The proposed industrial parks are expected to range from:
100 acres to 1,000 acres
For hilly and difficult terrain regions, projects may also be approved on parcels as small as:
25 acres
Infrastructure support includes:
Internal road networks
Underground utility systems
Drainage infrastructure
Warehousing facilities
Testing laboratories
Worker housing
The Centre has proposed:
Up to ₹1 crore per acre for internal infrastructure development
Up to 25% support for external infrastructure and logistics connectivity
For projects involving private sector participation, support of:
₹50 lakh per acre
has been proposed.
Alignment with PM GatiShakti Plan
The government said the industrial parks will be integrated with the:
PM GatiShakti National Master Plan
The focus will remain on:
Freight corridor connectivity
Multi-modal logistics integration
Faster movement of goods
Industrial cluster development
States have also been directed to establish:
Special Purpose Vehicles (SPVs)
Single-window clearance systems
to accelerate approvals and implementation.
NICDC to Oversee Implementation
Implementation of the BHAVYA scheme will be managed by:
National Industrial Corridor Development Corporation
The government expects the first batch of industrial parks to become operational within:
Three years
Expected Economic Impact
The scheme is expected to support:
Manufacturing growth
Employment generation
Export-oriented industries
Logistics and supply chain efficiency
Regional industrial development
The initiative also aligns with India’s broader goals around:
Industrial competitiveness
Infrastructure-led growth
Make in India initiatives
Integrated economic corridor development
Conclusion
Government of India’s BHAVYA scheme marks a major push toward expanding India’s industrial infrastructure ecosystem. With plans to develop 100 industrial parks supported by integrated logistics and infrastructure planning, the programme aims to strengthen manufacturing capacity, improve connectivity, and attract both public and private investment across multiple regions of the country.
Summary
Government of India has announced the BHAVYA (Bharat Audyogik Vikas Yojna) scheme to develop 100 industrial parks across the country under the National Industrial Corridor Development Programme (NICDP). The initiative aims to strengthen industrial infrastructure, improve logistics connectivity, and support manufacturing-led economic growth.
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