Piyush Goyal launches BHAVYA Portal for 100 industrial parks under Bharat Audyogik Vikas Yojana
On 8 June 2026 in New Delhi, Commerce Minister Piyush Goyal launched the BHAVYA Portal to operationalise the Bharat Audyogik Vikas Yojana, which aims to develop 100 investment-ready industrial parks.
Summary
Commerce & Industry Minister Piyush Goyal launched the BHAVYA Portal in New Delhi on 8 June 2026 to operationalise the Bharat Audyogik Vikas Yojana (BHAVYA). Approved by the Union Cabinet with an outlay of ₹33,660 crore, BHAVYA is the Government's flagship programme to develop 100 investment-ready, world-class industrial parks. States will compete by submitting project proposals and will provide land, while the Centre supports infrastructure through the National Industrial Corridor Development Corporation (NICDC), the scheme's Project Management Agency. Parks will range from 25 acres in hilly regions, smaller UTs and Northeastern States to up to 1,000 acres near cities, with testing facilities planned with BIS, EIA and FSSAI.
Key facts
- Date and place
- 8 June 2026, New Delhi
- Scheme
- Bharat Audyogik Vikas Yojana (BHAVYA)
- Target
- 100 investment-ready industrial parks
- Outlay
- ₹33,660 crore (Cabinet-approved)
- Project Management Agency
- NICDC
- Land
- Provided by State Governments
- Park size
- 25 acres (hilly/NE/small UTs) to up to 1,000 acres
Practice MCQs 3 questions
BHAVYA, whose portal was launched on 8 June 2026, stands for:
Show answer
Correct answer: A — Bharat Audyogik Vikas Yojana
BHAVYA is the Bharat Audyogik Vikas Yojana.
Which organisation is the Project Management Agency for the BHAVYA scheme?
Show answer
Correct answer: C — NICDC
The National Industrial Corridor Development Corporation (NICDC) is designated as the Project Management Agency.
Consider the following statements about the BHAVYA scheme: 1. It aims to develop 100 industrial parks with a Cabinet-approved outlay of ₹33,660 crore. 2. Land for the parks will be provided by the Central Government. Which of the statements given above is/are correct?
Show answer
Correct answer: B — 1 only
Statement 1 is correct. Statement 2 is wrong: land will be provided by the State Governments, while the Centre supports infrastructure through NICDC.