Industrial Park Rating System 2.0 – Free PDF Download

The News

The News

• The 2nd edition of the Industrial Park Rating System (IPRS) Report was recently launched by the Ministry of Commerce & Industry.
• The IPRS 1.0 was launched in November 2018 with support from Asian Development Bank (ADB) where over 202 parks were nominated from 21 states. 177 parks were evaluated.

Aim of IPRS 2.0

• IPRS 2.0 aligns with Atmanirbhar Bharat Abhiyan and aimed to enhance industrial competitiveness.
• IPRS 2.0 has been developed to achieve the following objectives:

1. A) To improve industrial infrastructure
2. B) Support reform agenda of providing transparent information
3. C) Enable states to showcase their strengths and promote investment in the state industrial ecosystem
4. D) Benchmark and identify gaps to structure interventions
5. E) Recognize best practices and promote competition among parks
6. F) Help industries to identify suitable investment destination through a single platform

Scope of IPRS 2.0

• Based on success of IPRS 1.0, this time IPRS 2.0 saw widened scope by including
  1. 400+ parks across States/ UTs/Central Departments
  2. Private sector parks were also nominated
  3. Economic Zones (manufacturing) were also assessed separately
  4. New Park tenants feedback mechanism was also included

Methodology of IPRS 2.0

• IPRS 2.0 framework included four pillar and sub-pillars model for assessment

1. Internal infrastructure
2. External infrastructure and connectivity

III. Business support services

1. Environment and safety management

Methodology of IPRS 2.0

The Details

The Details

• Based on the assessment
  • 41 Industrial Parks have been assessed as “Leaders“
  • 90 Industrial Parks have been rated as “Challengers”
  • 185 have been rated as “Aspirers“

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