Union Minister of Commerce and Industry Piyush Goyal on Monday launched the BHAVYA Portal in New Delhi, signaling the formal operationalization of the Bharat Audyogik Vikas Yojana (BHAVYA)—the government’s flagship program to develop 100 investment-ready, world-class industrial parks over six years at a Cabinet-approved outlay of ₹33,660 crore.
Addressing the launch event, Goyal outlined a competitive framework under which states will be invited to submit detailed project proposals highlighting their industrial strengths, land availability, investor interest and sectoral potential. The government, he said, would work closely with industry to identify suitable sectors and infrastructure requirements for each location—spanning chemicals, manufacturing, data centres and other industries—while ensuring parks are designed to meet the specific needs of investors and sectors.
The parks will be developed in varying sizes to suit regional geographies: 25 acres in hilly regions, smaller Union Territories and northeastern states; 100 to 500 acres in mid-sized states; and up to 1,000 acres in locations closer to cities and towns. Land will be provided by state governments, while the central government will support infrastructure creation through the National Industrial Corridor Development Corporation (NICDC) in a 51:49 partnership model. The objective, Goyal said, is to create plug-and-play industrial parks that are optimally suited to their locations.
Each park will be equipped with assured water and power supply, road and rail connectivity, clear land titles, digital single-window clearances and, where feasible, air connectivity. The minister also indicated that earmarked zones for startups, deep-tech enterprises, R&D activities and innovation-led businesses could be established within the parks, along with modern testing facilities developed in partnership with the Bureau of Indian Standards (BIS), Export Inspection Agency (EIA) and the Food Safety and Standards Authority of India (FSSAI).
Goyal further revealed that dedicated areas for Global Capability Centres (GCCs), worker housing and social infrastructure are also being considered, as are international enclaves developed in collaboration with countries such as Japan, Singapore, the Republic of Korea and Switzerland.
On the rollout timeline, applications received between June 1 and July 31 will be considered for the first phase covering 20 parks, with a further 30 parks to be sanctioned based on proposals received by September 30. Subsequent phases will be shaped by learnings from earlier rounds. Goyal said the ₹34,000 crore central allocation is expected to catalyse substantially larger investments, generate direct and indirect employment, and deepen Centre-State industrial partnership.
Designated as the Project Management Agency for BHAVYA, NICDC has developed the portal as a comprehensive digital platform to support the full project lifecycle — from submission of Detailed Project Reports and project appraisal to real-time implementation monitoring. DPIIT Secretary Amardeep Singh Bhatia noted that robust digital systems are essential for programme management at this scale, while NICDC CMD Rajat Kumar Saini underscored the platform’s role in enabling efficient stakeholder coordination and strengthening transparency.
The launch followed Cabinet approval of the scheme, release of its operational guidelines by DPIIT in May 2026, and prior consultations with states and Union Territories. The event was attended by representatives of state governments, industry associations, Export Promotion Councils, banks, master developers and MSMEs, and was followed by a stakeholder interaction on industrial infrastructure, logistics efficiency and India’s integration into global value chains. Goyal framed BHAVYA as a cornerstone of the Viksit Bharat 2047 vision, expressing confidence that the scheme would catalyse a new phase of industrial growth and position India as a globally competitive manufacturing destination.
