New Delhi, Nov 19 (KNN) Development of industrial park rating system would help increase competitiveness of industries and promotion of the manufacturing sector, said Suresh Prabhu, Commerce and Industry Minister.

He said this while addressing the audience during the National workshop on industrial park rating system.
Based on four pillars, the system is being developed by the ministry to assess industrial parks in the country.   Namely those four pillars are internal and external infrastructure, connectivity, environment and safety management, and business support services.

Prabhu said such systems help in improving infrastructure of industrial parks which are present in almost all the states. Including engineering, software, food processing and chemicals, there are over 3,000 industrial parks in the country in this sector. Under the system, the ministry would assess 200 such parks on several parameters such as sewage effluent and treatment; and water treatment.

Department of industrial Policy and Promotion (DIPP), Secretary, Ramesh Abhishek said, going forward the system could become a ready-to-refer database for prospective investors in these industrial parks.