The Government of India has approved the Bharat Audyogik Vikas Yojna (BHAVYA), with an allocation of INR 336.6 billion to develop 100 plug-and-play industrial parks across the country. The scheme aims to strengthen industrial infrastructure and support manufacturing-led growth by enabling faster project implementation and reducing entry barriers for investors.
In an official statement, the government said the scheme will be implemented in partnership with state governments and private sector participants. “The scheme will deliver plug-and-play industrial ecosystems, enabling industries to move from intent to production with speed and certainty,” the statement said.
Under the scheme, industrial parks ranging from 100 to 1,000 acres will be developed. Financial support of up to INR 10 million per acre will be provided for core infrastructure such as internal roads, underground utilities, drainage systems, common treatment facilities, and administrative systems, along with value-added infrastructure including factory sheds, testing laboratories, and warehousing.
Support will also extend to social infrastructure, including worker housing and related amenities. External infrastructure support of up to 25 percent of the project cost will be provided to ensure connectivity with existing transport and logistics networks, while project selection will be undertaken through a challenge-based mechanism.
The industrial parks will be aligned with the PM GatiShakti National Master Plan to support multimodal connectivity and last-mile access. “Aligned with the PM GatiShakti Principles to enable seamless multimodal connectivity and efficient last-mile access,” the statement said. Infrastructure planning will include underground utility corridors and provisions for sustainable resource use.
The National Industrial Corridor Development Corporation Limited (NICDC) will anchor the implementation of the scheme under the National Industrial Corridor Development Programme. According to the official statement, NICDC will develop industrial parks with pre-approved land, ready infrastructure, and integrated services, supported by streamlined approval systems including single-window mechanisms.
NICDC is currently implementing 20 projects across 13 states and is also acting as the project management agency for seven PM MITRA parks in the textile sector. Industrial nodes such as Dholera, Shendra-Bidkin, Vikram Udyogpuri, and Greater Noida have incorporated integrated infrastructure and planning frameworks aimed at supporting industrial activity.
The government said the scheme is expected to generate direct and indirect employment across manufacturing, logistics, and services sectors while attracting investments and supporting regional industrial development across states and union territories.
National Industrial Corridor Development Corporation Limited (NICDC), under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, is responsible for developing industrial corridors and greenfield industrial smart cities to enhance manufacturing competitiveness, attract investments, and generate employment.
