Current Context : The Union Ministry of Commerce and Industry has launched Industrial Park Rating System (IPRS) 3.0 to benchmark and categorise industrial parks across India.

ABOUT IPRS 3.0

• Developer : Introduced by Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB).
• Classification : Industrial parks will be rated as Leaders, Challengers, and Aspirers.
• New Parameters : Sustainability, Green infrastructure, Logistics connectivity, Digitalisation, Skill linkages, Talent feedback.