Winning Bizness Desk
Mumbai.The Centre on Saturday unveiled the guidelines for the ambitious ‘Bhavya’ scheme, aimed at creating 100 industrial parks across the country to push manufacturing, investment and job creation. Union Commerce Minister Piyush Goyal said the government has approved a financial outlay of ₹33,660 crore for the project, which will be developed in partnership with state governments through plug-and-play industrial parks.
The scheme is expected to create ready-to-use industrial ecosystems where companies can begin operations quickly without struggling for land clearances, roads, electricity or water connections. The Centre believes the initiative will strengthen India’s manufacturing base and improve ease of doing business.
Fast-track push for industrial growth
The Union Minister said the Cabinet had approved the scheme nearly two months ago and states are now being encouraged to create a favourable environment for industrial expansion. The government plans to invite applications from states and Union Territories over the next four months.
The application process will be rolled out in phases:
- Applications for the first 20 industrial parks will be invited in the first two months
- Another 30 parks will be taken up in the following phase
- The remaining 50 parks will be considered later
Officials said the Centre wants at least 50 industrial park proposals in the initial phase to ensure rapid implementation across different regions of the country.
Industrial parks with ready infrastructure
The proposed parks will be developed under the National Industrial Corridor Development Programme framework in partnership with states and private sector players. The idea is to create investment-ready industrial zones with pre-approved land, integrated infrastructure and essential services.
The parks will follow the plug-and-play model, where industries will not have to spend months securing approvals or setting up basic facilities.
Key facilities planned under the scheme include:
- Internal roads and underground utilities
- Drainage systems and common treatment plants
- Warehousing and testing laboratories
- Housing facilities for workers
- Green energy and sustainable resource systems
The government said this integrated setup would allow industries to start production much faster.
Financial support and state participation
The industrial parks will range between 100 and 1,000 acres in size. However, hilly states may receive approval even for parks spread over 25 acres. The Centre has proposed financial support of up to ₹1 crore per acre for infrastructure development.
In the middle of the rollout, the Centre has also proposed support for external infrastructure such as transport and logistics connectivity. Up to 25% of the project cost may be provided to improve links with highways, rail routes and existing logistics networks.
The selection of projects will happen through a challenge-based process focused on investment-ready and reform-oriented proposals.
Several states have already shown interest:
- Rajasthan
- Maharashtra
- West Bengal
- Haryana
Piyush Goyal said states offering better land, water and electricity facilities would naturally attract more investors.
Single-window clearances and quicker approvals
To speed up project approvals, the Centre has directed states to establish Special Purpose Vehicles (SPVs), notify planning authorities and create single-window clearance systems. The government expects at least 50 parks to become operational within the next three years.
States will also be allowed to partner with private companies while submitting proposals. Under such partnerships, the Centre may provide assistance of ₹50 lakh per acre.
The parks will be aligned with the PM Gati Shakti National Master Plan, with a strong focus on multimodal connectivity and efficient last-mile access. Integrated underground utility corridors are also being planned to reduce maintenance disruptions and improve long-term efficiency.
NICDC to lead implementation work
According to the government, the National Industrial Corridor Development Corporation (NICDC), functioning under the Department for Promotion of Industry and Internal Trade (DPIIT), will implement the scheme. NICDC is already handling 20 industrial corridor projects across 13 states and is also working as the project management agency for seven PM MITRA textile parks.
Towards the fag end of the announcement, the Centre stressed that the Bhavya scheme would encourage cluster-based industrial growth by bringing manufacturers, suppliers and service providers closer together. Officials believe this model can strengthen domestic supply chains, improve competitiveness and generate large-scale employment opportunities across India.
