Why in news?
IPRS 3.0 refers to the third edition of the Industrial Park Rating System, launched by the Department for Promotion of Industry and Internal Trade (DPIIT) with support from the Asian Development Bank (ADB) in September 2025. 

Key Features

• Industrial parks are rated and categorized as Leaders, Challengers, and Aspirers based on performance across key parameters.
• The assessment now includes expanded criteria: sustainability, green infrastructure, logistics connectivity, digitalization, skill linkages, and real-time tenant feedback.
• It builds upon the pilot phase (2018) and IPRS 2.0 (2021) and is aligned with the goals of making India more globally competitive and sustainable.

Significance and Benefits

• Provides transparent, credible data to investors, fostering healthy competition among States and Union Territories.
• Identifies infrastructure gaps and best practices for industrial park management, aiming to attract investments, generate employment, and strengthen industrial ecosystems.
• Helps guide policymakers in designing targeted interventions for industrial development.
• Supports creation of world-class, sustainable industrial infrastructure, making India a more attractive and globally competitive investment destination.

IPRS 3.0 is a major step forward in benchmarking and building India’s industrial infrastructure, incorporating modern frameworks like sustainability and digitalization to attract global investments and make India an industrial leader.

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