Benefits of the industrial park rating system

01 Feb 2019 Editorial Team

India has moved up 23 places in the World Bank’s Ease of Doing Business (EDOB) 2019, coming in at 77 out of 190 countries. To ensure the country moves into the top 50, last November Suresh Prabhu, Union Minister for Commerce and Industry and Civil Aviation, released a report prepared by the Department of Industrial Policy & Promotion on the industrial park rating system, which has evaluated states and 3,354 industrial clusters across India to assess quality of infrastructure in industrial parks.

The rating system will not just provide a fillip in India’s efforts to enhance its rating but accelerate manufacturing’s contribution to GDP and drive economic growth and employment. “This initiative can promote transparency, healthy competition and improved focus on environmental and infrastructure standards,” says Sanjay Srivastava, Business Head, Mahindra World City, Jaipur, and Director, ORIGINS, Ahmedabad. “It can help clients quickly evaluate offerings and shorten decision-making time for investments.” And Jasmine Singh, Senior Executive Director - Advisory & Transaction Services, CBRE, says, “It will increase competitiveness and boost the manufacturing sector. It will improve infrastructure in these parks and help assess whether they are in line with global standards.”

The rating system will undoubtedly help create competition for world-class infrastructure with optimised cost structures and offer more choices to the end-user. And Dr Niranjan Hiranandani, Founder & Managing Director, Hiranandani Group, adds, “It will ensure industrial real-estate development happens with proper regulations and hygiene and is sophisticated, sustainable and according to user requirements.”

N Srinivas, Managing Director-Industrial Services, JLL India, views this as a growth-oriented initiative to create a competitive environment among the industrial development corporations. However, he points out, “This rating system unfortunately covers only public industrial parks or parks developed by industrial development corporations across states. Inclusion of privately developed industrial parks may expand its horizon and indicate a clear overview on the quality of industrial and logistics parks across the country.”

That said, the rating system with a clear and transparent methodology of scoring will definitely bring in the interest and confidence of investors, manufacturers and logistics players. And, as Anshul Singhal, CEO, Embassy Industrial Parks, affirms, “It will boost competitiveness among states to improve industrial infrastructure and act as a feedback portal for policymakers and investors.”

The Ministry of Commerce and Industry is contemplating the enhancement of the current ranking system and considering bringing in deeper qualitative assessment feedback and technological intervention—developing it as a tool that effectively helps demand-driven and need-based interventions by both policymakers and investors.

SHRIYAL SETHUMADHAVAN

India has moved up 23 places in the World Bank’s Ease of Doing Business (EDOB) 2019, coming in at 77 out of 190 countries. To ensure the country moves into the top 50, last November Suresh Prabhu, Union Minister for Commerce and Industry and Civil Aviation, released a report prepared by the Department of Industrial Policy & Promotion on the industrial park rating system, which has evaluated states and 3,354 industrial clusters across India to assess quality of infrastructure in industrial parks. The rating system will not just provide a fillip in India’s efforts to enhance its rating but accelerate manufacturing’s contribution to GDP and drive economic growth and employment. “This initiative can promote transparency, healthy competition and improved focus on environmental and infrastructure standards,” says Sanjay Srivastava, Business Head, Mahindra World City, Jaipur, and Director, ORIGINS, Ahmedabad. “It can help clients quickly evaluate offerings and shorten decision-making time for investments.” And Jasmine Singh, Senior Executive Director - Advisory & Transaction Services, CBRE, says, “It will increase competitiveness and boost the manufacturing sector. It will improve infrastructure in these parks and help assess whether they are in line with global standards.” The rating system will undoubtedly help create competition for world-class infrastructure with optimised cost structures and offer more choices to the end-user. And Dr Niranjan Hiranandani, Founder & Managing Director, Hiranandani Group, adds, “It will ensure industrial real-estate development happens with proper regulations and hygiene and is sophisticated, sustainable and according to user requirements.” N Srinivas, Managing Director-Industrial Services, JLL India, views this as a growth-oriented initiative to create a competitive environment among the industrial development corporations. However, he points out, “This rating system unfortunately covers only public industrial parks or parks developed by industrial development corporations across states. Inclusion of privately developed industrial parks may expand its horizon and indicate a clear overview on the quality of industrial and logistics parks across the country.” That said, the rating system with a clear and transparent methodology of scoring will definitely bring in the interest and confidence of investors, manufacturers and logistics players. And, as Anshul Singhal, CEO, Embassy Industrial Parks, affirms, “It will boost competitiveness among states to improve industrial infrastructure and act as a feedback portal for policymakers and investors.” The Ministry of Commerce and Industry is contemplating the enhancement of the current ranking system and considering bringing in deeper qualitative assessment feedback and technological intervention—developing it as a tool that effectively helps demand-driven and need-based interventions by both policymakers and investors. SHRIYAL SETHUMADHAVAN

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..