BHAVYA Scheme for Industrial Parks Development

planned

The BHAVYA Scheme is a Central Sector initiative by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, aimed at developing investment-ready, world-class industrial parks across India. The scheme plans to develop 100 industrial parks over six years from 2026-27 to 2031-32, focusing on integrated industrial infrastructure aligned with Make in India and PM Gati Shakti objectives. It includes both greenfield and eligible brownfield parks with plug-and-play infrastructure, multimodal logistics connectivity, and sustainable development features. Implementation will be through Special Purpose Vehicles (SPVs) with private sector participation allowed, and the National Industrial Corridor Development Corporation (NICDC) designated as the Project Management Agency.