States can apply for BHAVYA industrial parks from June 1

States can begin submitting applications from June 1 to set up industrial parks under the Rs 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA), the government announced on Sunday. The Union Cabinet had approved the scheme on March 18 for developing 100 plug-and-play industrial parks across six years from 2026-27 to 2031-32.

Under operational guidelines from the DPIIT, 50 proposals will be selected in the first phase through two rounds. The first round runs from June 1 to July 31, 2026, with up to 20 proposals likely selected. The second round runs from August 1 to September 30. States whose proposals miss out can resubmit improved applications.

Industrial parks in non-hilly states must have at least 100 acres of contiguous land. For hilly states, the northeast, and states with a population below one crore, the minimum is 25 acres. Up to 20 parks may be developed on 500 to 1,000 acres. Government funding for phased larger parks will be capped at 1,000 acres. Proposals will be assessed on connectivity, site suitability, industrial ecosystem and policy support.