Highlighting benefits of industrial park rating system, Commerce and Industry Minister Suresh Prabhu has said that this initiative would help increase competitiveness of industries and promotion of the manufacturing sector. The proposed system will assess industrial parks in the country based on four pillars such as internal and external infrastructure, connectivity, environment and safety management, and business support services.
The minister also noted that infrastructure of industrial parks in the country would also get improved with this rating system. Suresh Prabhu further said that the system would also be a useful tool for policy makers and investors available ‘at the click of a button’.
The said system is being developed by the ministry and it would assess 200 industrial parks in the country in sectors including engineering, software, food processing and chemicals, on several parameters such as sewage effluent and treatment; and water treatment.