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41 Industrial Parks rated as 'Leaders'

By TIOL News Service

NEW DELHI, OCT 06, 2021: 41 INDUSTRIAL Parks have been assessed as "Leaders" in the Industrial Park Ratings System Report released by DPIIT yesterday. 90 Industrial Parks have been rated as under Challenger category while 185 have been rated as under "Aspirers". These ratings are assigned on the basis of key existing parameters and infrastructure facilities.

The 2nd edition of the Industrial Park Rating System (IPRS) Report was launched by the Minister of State for Commerce & Industry, Mr Som Prakash here today. Speaking on the occasion, Mr Som Parkash said the IPRS 2.0 Report will enhance India's industrial competitiveness and attract investment.

“As India continues to strengthen its status as a leading investment destination by continuously improving its ‘Ease of Doing Business' through the enactment of several policy measures especially during the COVID-19 pandemic to ensure continuity, I am sure this rating exercise will be instrumental to contribute to India's growth story and to chart out the path of progress for both the industry and the country,” he said.

The Minister said the Report is an extension of the India Industrial Land Bank which features more than 4,400 industrial parks in a GIS-enabled database to help investors identify their preferred location for investment. The portal is currently integrated with industry-based GIS system of 21 States and UTs and plot-wise information in these are updated on a real-time basis, he said.

“We expect to achieve PAN India integration by December 2021,” said Mr Som Parkash.

The Minister said, with this system, the investors can even remotely refer to this report to identify the suitable investable land area, as per the various parameters of infrastructure, connectivity, business support services and environment and safety standards and make informed investment decisions.

 


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