Centre Opens 4-Month Window for States to Apply for 50 Industrial Parks Under BHAVYA Scheme
The scheme has Rs 33,660 crore in funding and aims to make the first 50 parks operational within three years, Goyal said.
- On Thursday, Commerce and Industry Minister Piyush Goyal released operational guidelines for The Bharat Audyogik Vikas Yojana, aiming to establish 100 industrial parks across India.
- Approved by the Union Cabinet on March 18, 2026, the project holds a financial allocation of Rs 33,660 crore to develop plug-and-play manufacturing destinations in challenge mode.
- States will provide land while the Centre funds common infrastructure at Rs 1 crore per acre; Goyal aims to invite applications for 50 parks within four months, targeting operational status within three years.
- Private landowners can receive Rs 50,000 per acre support if state governments back proposals, while Special Purpose Vehicles will accelerate approvals for licenses and infrastructure.
- Goyal departs for Canada on Monday to discuss investments and trade, citing record gross FDI of $95 billion as evidence that India remains a preferred investment destination.
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Centre opens race for 50 mega industrial parks under Rs 33,660-crore Bhavvya scheme
The scheme, approved by the Union cabinet in March, aims to create 100 world-class industrial parks across the country over six years, unlocking manufacturing potential, and accelerating the country’s economic growth.
Centre seeks states bids for 50 industrial parks in 4 Months, eyes rollout in 3 Years: Piyush Goyal - The Tribune
The Union government will invite applications from states for 50 industrial parks in the next four months under the newly launched Bhavya scheme, with the first 50 parks targeted to become operational within three years, Commerce and Industry Minister Piyush Goyal said Thursday.
aninews.in
Centre seeks states' bids for 50 industrial parks in 4 Months, eyes rollout in 3 Years: Piyush Goyal
The Union government will invite applications from states for 50 industrial parks in the next four months under the newly launched Bhavya scheme, with the first 50 parks targeted to become operational within three years, Commerce and Industry Minister Piyush Goyal said Thursday.
Govt releases guidelines for BHAVYA scheme implementation to develop 100 industrial parks
Govt releases guidelines for BHAVYA scheme implementation to develop 100 industrial parks New Delhi, May 23 (IANS) The government on Saturday released detailed operational guidelines for the implementation of the BHAVYA Scheme, a landmark initiative aimed at developing investment-ready, world-class industrial parks across the country. BHAVYA has been designed to strengthen India’s manufacturing ecosystem through development of integrated industr…
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