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Industrial Park Rating System

Industrial Park Rating System:

Department for Promotion of Industry and Internal Trade (DPIIT) successfully organized the National Workshop on Industrial Park Rating System in New Delhi.

  • Industrial Park Rating System was launched by DPIIT in 2018 with the support of the Asian Development Bank (ADB) and the Ministry of Electronics and Information Technology (MeitY).
  • Industrial Park Rating System (IPRS) is an extension of the India Industrial Land Bank (IILB) platform which features more than 4,500 industrial parks.
  • It is a GIS-enabled database to facilitate investors to identify their preferred location for investment.
  • Aim is to rate the country’s industrial parks and special economic zones (SEZ).
  • It rates industrial parks across four pillars: internal infrastructure and utilities, external infrastructure and facilities, business support services, and environmental and safety management
  • Industrial Parks and Special Economic Zones (SEZS) are classified into 3 categories: Leaders, Challengers and Aspirants.
  • This particular portal is integrated with the industry-based GIS system of the states and Union territories and plot-wise information in these are updated on a real-time basis.
  • Industrial Park Rating System Report 2.0 is based on the findings of the pilot and review of the global approaches, frameworks, and guidelines DPIIT introduced ‘IPRS 2.0’ in Oct, 2021 as a key enabler for identifying additional measures to enhance industrial competitiveness.
  • The Globally known frameworks were referred for developing the initial concept of IPRS 2.0 viz. the International Guidelines for Industrial Park (IGIP) developed by United Nations Industrial Development Organization (UNIDO) and the Eco-Industrial Park (EIP) framework developed by UNIDO, World Bank.