Stories
100 Industrial Parks Across India: PM-VAYA Scheme Launched Worth Rs 33,660 Crore
- •The Central Government has introduced the Pradhan Mantri Viksit Bharat Udyog Abhiyan worth Rs 33,660 crore to establish 100 industrial parks across the country.
- •The scheme aims to strengthen India's manufacturing sector, support MSMEs, attract investments, and accelerate business start-up times.
- •Implemented over six years from 2026-27 to 2031-32, the initiative will feature ready-to-use factory buildings, advanced infrastructure, and skill centers.
- •In the first phase, up to 50 industrial parks will be selected competitively, with 10 parks specifically designated for development in Tamil Nadu.
- •Special purpose vehicles and a dedicated PM-VAYA portal will ensure transparent project applications, efficient evaluations, and seamless implementation.
Key Questions Answered
With a total financial allocation of Rs. 33,660 crore, the Pradhan Mantri Viksit Bharat Udyog Abhiyan (PM-VAYA) scheme aims to establish 100 industrial parks across the country to strengthen India's manufacturing sector, attract investments, support MSMEs, and create employment opportunities.
The scheme will be implemented over a 6-year period from 2026-27 to 2031-32. In the first phase, up to 50 industrial parks will be selected through a competitive challenge-based process, followed by remaining parks in subsequent phases to reach the total target of 100.
Each industrial park will span an area ranging from 25 to 1,000 acres. They will feature pre-developed land, ready-to-use factory buildings, testing and certification labs, warehouses, worker housing, skill development centers, and transport connectivity infrastructure.
