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Industrial Park Rating System 3.0

Industrial Park Rating System 3.0:

The Union Minister of Commerce and Industry launched the Industrial Park Rating System (IPRS) 3.0 in New Delhi.

  • It is developed by the Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB).
  • It aims to further strengthen India’s industrial ecosystem and enhance the competitiveness of industrial infrastructure.
  • It will help assess and benchmark facilities, infrastructure, and competitiveness of industrial parks across the country.
  • The initiative will provide stakeholders with reliable data, encourage best practices, and support the creation of world-class infrastructure.
  • It introduced an expanded framework with new parameters, including sustainability, green infrastructure, logistics connectivity, digitalization, skill linkages, and enhanced tenant feedback.
  • Under IPRS 3.0, industrial parks will be benchmarked and categorized as Leaders, Challengers, and Aspirers based on their performance across key indicators.