Piyush Goyal Launches Industrial Park Rating System 3.0

Marking 10 years of the Make in India initiative, Union Minister of Commerce and Industry Piyush Goyal launched the Industrial Park Rating System (IPRS) 3.0 in New Delhi on 20 September 2025. Developed by the Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB), this third edition introduces advanced benchmarks to strengthen India’s industrial ecosystem and attract global investment.

Key Features of IPRS 3.0

The new framework expands upon earlier editions (pilot in 2018, IPRS 2.0 in 2021) with additional parameters,

• Sustainability and Green Infrastructure – focus on eco-friendly practices.
• Logistics and Connectivity – assessing supply chain efficiency.
• Digitalization – adoption of smart infrastructure and digital tools.
• Skill Linkages – integration of workforce training and industrial needs.
• Tenant Feedback – real-time assessment from industries operating in parks.
• Industrial parks will be benchmarked under three categories:
• Leaders – world-class infrastructure and competitiveness.
• Challengers – strong performers with scope for scaling up.
• Aspirers – emerging parks with growth potential.

Significance for Make in India

• Investor Confidence: Transparent ratings and reliable data for global investors.
• Healthy Competition: Encourages States and UTs to improve infrastructure.
• Employment Generation: Better parks mean more industrial units and jobs.
• Policy Guidance: Helps governments identify gaps and adopt best practices.
• Global Competitiveness: Positions India as a sustainable and inclusive investment hub.

Highlighted progress under NICDC (National Industrial Corridor Development Corporation), where 20 plug-and-play industrial parks and smart cities are being developed. Out of these, four are completed, four under construction, and the rest are in bidding stages.

Static Facts (For Exam Revision)

• Launched by: Piyush Goyal, Union Minister of Commerce & Industry
• Date: 20 September 2025
• Occasion: 10 years of Make in India
• Developed by: DPIIT with support from Asian Development Bank (ADB)
• Pilot Phase: 2018
• IPRS 2.0: 2021
• IPRS 3.0 Parameters: Sustainability, green infrastructure, logistics connectivity, digitalization, skill linkages, tenant feedback
• Categories: Leaders, Challengers, Aspirers