DPIIT Releases Guidelines For Implementation Of BHAVYA Scheme

26 May 2026 CW Team

The guidelines set out a comprehensive framework covering eligibility, project selection methodology, funding structure, governance architecture and monitoring systems for both greenfield and eligible brownfield parks. Emphasis is placed on creating plug-and-play infrastructure, multimodal connectivity, reliable utilities, worker support facilities and digital governance to make parks investment ready. Minimum land requirements are prescribed at 100 acres for non-hilly states and 25 acres for hilly states, north eastern states, Union Territories and smaller states, while larger parks up to 1000 acres may be considered.

Implementation of projects will be undertaken through Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013, with SPVs charged with planning, development, operation, investor facilitation and long term maintenance of assets. Financial assistance will include equity contribution linked to land value transferred to the SPV and to achievement of prescribed milestones. The National Industrial Corridor Development Corporation (NICDC) has been appointed as the Project Management Agency to oversee implementation and monitoring.

The guidelines also provide structured provisions for private developer participation through project specific SPVs with defined governance frameworks, transparency safeguards and accountability mechanisms. GIS based monitoring, periodic progress reporting, audits and oversight by a National Level Steering Committee chaired by the Secretary, DPIIT are prescribed to ensure transparency and effective delivery. The scheme is presented as a step towards creating internationally benchmarked industrial infrastructure capable of attracting large scale manufacturing investment, strengthening domestic supply chains and generating employment.

The Department for Promotion of Industry and Internal Trade has published detailed operational guidelines for the BHAVYA Scheme to develop investment-ready industrial parks and strengthen the manufacturing ecosystem. The scheme is aligned with Make in India, PM Gati Shakti and the Government's vision to position India as a globally competitive manufacturing destination. It provides for development of 100 industrial parks over six years from 2026-27 to 2031-32 with a total financial outlay of Rs 336.6 billion (bn), and envisages a first phase of up to 50 parks selected through a challenge based competitive process. The guidelines set out a comprehensive framework covering eligibility, project selection methodology, funding structure, governance architecture and monitoring systems for both greenfield and eligible brownfield parks. Emphasis is placed on creating plug-and-play infrastructure, multimodal connectivity, reliable utilities, worker support facilities and digital governance to make parks investment ready. Minimum land requirements are prescribed at 100 acres for non-hilly states and 25 acres for hilly states, north eastern states, Union Territories and smaller states, while larger parks up to 1000 acres may be considered. Implementation of projects will be undertaken through Special Purpose Vehicles (SPVs) incorporated under the Companies Act, 2013, with SPVs charged with planning, development, operation, investor facilitation and long term maintenance of assets. Financial assistance will include equity contribution linked to land value transferred to the SPV and to achievement of prescribed milestones. The National Industrial Corridor Development Corporation (NICDC) has been appointed as the Project Management Agency to oversee implementation and monitoring. The guidelines also provide structured provisions for private developer participation through project specific SPVs with defined governance frameworks, transparency safeguards and accountability mechanisms. GIS based monitoring, periodic progress reporting, audits and oversight by a National Level Steering Committee chaired by the Secretary, DPIIT are prescribed to ensure transparency and effective delivery. The scheme is presented as a step towards creating internationally benchmarked industrial infrastructure capable of attracting large scale manufacturing investment, strengthening domestic supply chains and generating employment.

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