SDG 9: Industry, Innovation, and Infrastructure | SDG 8: Decent Work and Economic Growth | SDG 17: Partnerships for the Goals
Ministry of Commerce and Industry | Department for Promotion of Industry and Internal Trade (DPIIT) | National Industrial Corridor Development Corporation (NICDC)
Industrial parks in India have emerged as a primary vehicle for accelerating national industrial and innovation agendas. Developed in partnership with state governments and the private sector, these parks reinforce the industrial base by stimulating investment, job creation, and sustainable development.
Mapped Infrastructure: The India Industrial Land Bank (IILB), a GIS-enabled platform, currently maps 4,523 industrial parks across 7.70 lakh hectares, with approximately 1.35 lakh hectares still available for industrial development.
Budgetary Support: The Union Budget 2025-26 allocated ₹2,500 crore for the development of plug-and-play industrial parks. There are currently 306 such parks nationwide, with 20 additional parks/smart cities being developed under the NICDC.
Performance Assessment: The Industrial Park Rating System (IPRS) 3.0, launched in September 2025, introduced new assessment parameters including sustainability, green infrastructure, digitalization, and tenant feedback. Under IPRS 2.0, 41 parks were classified as ‘Leaders’ and 90 as ‘Challengers’.
Foreign Direct Investment (FDI): Industrial parks are significant engines of FDI; inflows reached USD 43.76 billion during April-August 2025-26, up from USD 37.03 billion in the same period the previous year.
What is the India Industrial Land Bank (IILB)? It is a centralized, GIS-enabled repository developed by the DPIIT that provides real-time, spatial, and non-spatial information on industrial land availability, infrastructure connectivity, and business support services across India. This tool allows domestic and international investors to evaluate suitable land parcels remotely, significantly streamlining the decision-making process for manufacturing and logistics investments.
Policy Relevance
Industrial parks are a cornerstone of India’s “Viksit Bharat” vision, transitioning the government’s role from a regulator to a facilitator of a globally competitive economy. By integrating infrastructure with specialized regulatory regimes and incentives, these parks reduce the compliance burden (decriminalizing 3,700 legal provisions and reducing 42,000 compliances) and foster deep integration into global value chains. The focus on “plug-and-play” models specifically addresses the need for rapid operational scale-up for MSMEs and high-tech industries.
Relevant Question for Policy Stakeholders: How can the government ensure that the IPRS 3.0 rankings lead to tangible infrastructure upgrades in ‘Aspirer’ and ‘Challenger’ parks to create a more uniform level of industrial excellence across all Indian states?
Follow the full news here: Industrial Parks Facilitating Smarter Infrastructure and Stronger Industrial Growth