India Launches IPRS 3.0 to Benchmark Industrial Parks

22 Sep 2025 CW Team

On the occasion of a decade of Make in India, Union Minister for Commerce and Industry, Shri Piyush Goyal, today launched the Industrial Park Rating System (IPRS) 3.0 in New Delhi. Developed by the Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB), the initiative aims to strengthen India’s industrial ecosystem and enhance the competitiveness of industrial infrastructure.

Shri Goyal highlighted that the Government is developing 20 plug-and-play industrial parks and smart cities under NICDC, with four completed, four under construction, and the remainder at various stages of bidding. IPRS 3.0 will assess and benchmark facilities, infrastructure, and competitiveness, providing reliable data, promoting best practices, and supporting the creation of world-class industrial infrastructure to strengthen the Make in India programme.

Building on the pilot in 2018 and IPRS 2.0 in 2021, the third edition introduces new parameters such as sustainability, green infrastructure, logistics connectivity, digitalisation, skill linkages, and enhanced tenant feedback. Parks will be categorised as Leaders, Challengers, and Aspirers based on performance, offering transparent information to investors and fostering healthy competition among States and Union Territories.

For States and UTs, IPRS 3.0 presents an opportunity to showcase high-performing parks, identify areas for improvement, attract investment, generate employment, and enhance industrial ecosystems. The initiative is expected to make India a more sustainable, inclusive, and globally competitive investment destination.

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