<h1>Government launches Industrial Park Rating System 3.0 to benchmark parks on sustainability, connectivity, digitalization, skills, and tenant feedback</h1> The Union Minister of Commerce and Industry launched Industrial Park Rating System (IPRS) 3.0, developed by the Department for Promotion of Industry and Internal Trade with support from a multilateral bank, to benchmark and boost competitiveness of industrial parks nationwide. IPRS 3.0 expands prior frameworks with new parameters such as sustainability, green infrastructure, logistics connectivity, digitalization and skill linkages, and introduces tenant feedback. Parks will be graded as Leaders, Challengers or Aspirers to provide transparent investor information, spur state-level competition, guide targeted policy interventions, attract investment, and support development of plug-and-play industrial parks and employment generation.