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PIB+BACKGROUND: (20th November 2018) Industrial Park Rating System

PIB+BACKGROUND: (20th November 2018) Industrial Park Rating System

Commerce Minister Releases Report on Industrial Park Rating System (Ministry of Commerce & Industry)

The report on Industrial Park Rating System was prepared by the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry.

Commerce Minister stated that:

  • Manufacturing has emerged as one of the high growth sectors in India.
  • It has moved 23 places up in the World Bank’s Ease of Doing Business (EODB-2019) and achieved rank 77 out of 190 countries.
  • To make India among top 50 countries in Ease of Doing Business the Ministry has undertaken this exercise in studying infrastructure across states and in 3354 industrial clusters in order to assess quality of infrastructure in industrial parks.

Further, 3000 parks are on the database and the industrial parks have been rated on 4 points:

  • Internal infrastructure
  • External infrastructure
  • Business services and facilities and environment
  • Safety management

DIPP launched the Industrial Information System (IIS), a GIS-enabled database of industrial areas and clusters across the country in May 2017, to optimize resource utilization and enhance the efficiency of the manufacturing sector.

Industrial Information System (IIS) Portal

The portal provides all industrial information including availability of raw material – agriculture, horticulture, minerals, natural resources, distance from key logistic nodes, layers of terrain and urban infrastructure.

In the last one year, State Governments and Industrial Development Corporations have used the portal and nominated over 200 parks for their assessment along the above parameters.

IPRS is proposed to be translated into an annual exercise covering all the parks across India. Coverage would be widened and updated to bring in deeper qualitative assessment feedback, bring in technological intervention and develop it as a tool that helps effectively for demand driven and need based interventions both by policy makers and investors.