Piyush Goyal Launches IPRS 3.0 to Benchmark Industrial Parks and Boost Make in India.

In September 2025, Union Minister of Commerce and Industry Piyush Goyal launched the Industrial Park Rating System (IPRS) 3.0 in New Delhi during the decade-long celebrations of Make in India. Developed by the Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB), the initiative aims to benchmark industrial parks and strengthen India’s industrial ecosystem.

      - IPRS 3.0 will assess and benchmark facilities, infrastructure, and competitiveness of industrial parks across India, providing stakeholders with reliable data to improve infrastructure and support the Make in India programme.

      - Building on the pilot phase in 2018 and IPRS 2.0 in 2021, the new edition introduces parameters such as sustainability, green infrastructure, logistics connectivity, digitalization, skill linkages, and tenant feedback for more holistic evaluation.

Main Point :-   (i) Under IPRS 3.0, industrial parks will be categorized as Leaders, Challengers, and Aspirers, ensuring transparency for investors, fostering competition among States/UTs, and guiding policymakers in targeted interventions.

      (ii) The initiative will help States and Union Territories showcase top-performing parks, attract investments, create jobs, and strengthen their industrial ecosystem, making India a sustainable, inclusive, and globally competitive investment hub.