India launches BHAVYA Scheme guidelines
Analysis based on 7 articles · First reported May 23, 2026 · Last updated May 24, 2026
The release of the BHAVYA Scheme guidelines by the India — Department for Promotion of Industry and Internal Trade is expected to positively impact the manufacturing and infrastructure sectors in India. The scheme's focus on creating investment-ready industrial parks with plug-and-play infrastructure and multimodal logistics connectivity is likely to attract significant domestic and foreign investment, boosting economic growth and employment.
The India — Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, has released detailed operational guidelines for the BHAVYA Scheme. This Central Sector Scheme aims to develop 100 investment-ready, world-class industrial parks across India over six years (2026-27 to 2031-32) with a total financial outlay of approximately Rs 33,660 crore. The scheme, approved by the India — Union Council of Ministers on March 18, focuses on creating integrated industrial ecosystems with plug-and-play infrastructure, multimodal logistics connectivity, reliable utilities, worker-support facilities, digital governance systems, and sustainable development features. Union Minister of Commerce and Industry Piyush Goyal announced the guidelines, emphasizing the scheme's role in strengthening India's manufacturing ecosystem, attracting investment, and enhancing its global competitiveness. The Bangladesh — Industrial Infrastructure Development Corporation (NICDC) has been designated as the Project Management Agency for implementation and monitoring.
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