The Department for Promotion of Industry and Internal Trade (DPIIT) has issued operational guidelines for the Bharat Audyogik Vikas Yojana (BHAVYA). It is a Central Sector Scheme to build investment-ready, world-class industrial parks. The scheme targets 100 industrial parks between 2026-27 and 2031-32 at a total outlay of about ₹33,660 crore. It supports Make in India, PM Gati Shakti, manufacturing, logistics and job creation. Projects will be executed through Special Purpose Vehicles under the Companies Act, 2013, with the National Industrial Corridor Development Corporation as Project Management Agency.