SDG 9: Industry, Innovation & Infrastructure | SDG 11: Sustainable Cities & Communities
Institutions: Ministry of Commerce & Industry
Government has launched Industrial Park Rating System (IPRS) 3.0, developed by DPIIT (Department for Promotion of Industry & Internal Trade) with support from ADB (Asian Development Bank), aiming to benchmark industrial parks across infrastructure, competitiveness, and sustainability parameters. The new version expands on earlier editions (pilot in 2018, version 2.0 in 2021) by adding metrics for sustainability, green infrastructure, logistics connectivity, digitalization, and skill linkages as well as enhanced tenant feedback.
Under IPRS 3.0, parks will be classified as Leaders, Challengers, or Aspirers, providing transparent, comparable data to investors and incentivising improvements by States and UTs. he program is part of the broader push under βMake in India,β and complements the development of 20 plug-and-play industrial parks and smart cities via NICDC, of which 4 are completed, 4 under construction, and others under bidding.
By institutionalising a standardized rating framework, IPRS 3.0 can help close infrastructure gaps, direct investments to underperforming parks, foster competitive upgrades, and integrate industrial planning with sustainability goals. It also gives policymakers a diagnostic tool to target support and elevate the national industrial ecosystem.
Relevant Question for Policy Stakeholders:
How can States, park developers, and investors collaborate to act on IPRS diagnostics, especially in weaker parks to transform them into competitive and sustainable industrial hubs?
Follow the full press release here: IPRS 3.0 Rolled Out to Enhance Industrial Park Competitiveness