Industrial Park Rating System
The National Workshop on Industrial Park Rating System in New Delhi was successfully organized by the Department for Promotion of Industry and Internal Trade (DPIIT). DPIIT, with the support of the Asian Development Bank (ADB) and the Ministry of Electronics and Information Technology (MeitY), launched the Industrial Park Rating System (IPRS) in 2018.
About Industrial Park Rating System (IPRS):
- IPRS is an expansion of the India Industrial Land Bank (IILB) platform, encompassing a wide range of over 4,500 industrial parks.
- Utilizing geographic information system (GIS) capabilities, IPRS assists investors in identifying their preferred investment locations.
- The primary objective of IPRS is to evaluate and rank industrial parks and special economic zones (SEZs) across the country.
- The assessment of industrial parks focuses on four key aspects: internal infrastructure and utilities, external infrastructure and facilities, business support services, and environmental and safety management.
- Industrial parks and SEZs are categorized into three groups: Leaders, Challengers, and Aspirants.
- The IPRS portal is seamlessly integrated with the industry-specific GIS systems of states and union territories, ensuring real-time updates on plot-level details.
- In October 2021, DPIIT introduced ‘IPRS 2.0’ as a strategic enhancement based on pilot outcomes and global best practices, including the International Guidelines for Industrial Park (IGIP) by UNIDO and the Eco-Industrial Park (EIP) framework by UNIDO and the World Bank.
- By facilitating industrial competitiveness, supporting investment decision-making, and optimizing industrial infrastructure usage, IPRS plays a vital role in fostering growth and development in India’s industrial sector.