On the occasion of the decade-long celebrations of Make in India, commerce and industry minister Piyush Goyal yesterday launched the Logistics Data Bank (LDB) 2.0 and the Industrial Park Rating System (IPRS) 3.0 in New Delhi.
Goyal said LDB 2.0 will provide critical insights into the availability of facilities and infrastructure across the logistics ecosystem.
The system will enable real-time tracking and assessment of logistics performance, supporting better planning, higher efficiency and cost reduction, according to a release from his ministry.
He said the initiative will serve as an important tool for both industry and government to strengthen competitiveness, improve supply chain management and make logistics in India more efficient and business-friendly.
Developed by NICDC Logistics Data Services (NLDSL), LDB 2.0 is a significantly enhanced logistics tracking platform that enables export container tracking on high seas along with multi-modal shipment visibility.
It also offers multi-modal visibility across road, rail, and sea using container, truck or trailer numbers, as well as railway FNRs (used to track consignments) through integration with the Unified Logistics Interface Platform (ULIP).
A live container heat map provides location-based views of container distribution across the country, helping stakeholders and policymakers identify imbalances and respond proactively to potential bottlenecks.
Developed by the department for promotion of industry and internal trade (DPIIT) with support from the Asian Development Bank, the IPRS 3.0 initiative aims at further strengthening India’s industrial ecosystem and enhance the competitiveness of industrial infrastructure.
Goyal said the government is developing 20 plug-and-play industrial parks and smart cities under the National Industrial Corridor Development Programme (NICDC), with four already completed, four under active construction and the remaining at various stages of bidding and tendering.
He said that the launch of IPRS 3.0 will help assess and benchmark facilities, infrastructure, and competitiveness of industrial parks across the country.
The initiative will provide stakeholders with reliable data, encourage best practices and support the creation of world-class infrastructure.
Building on the pilot phase in 2018 and IPRS 2.0 in 2021, the third edition introduces an expanded framework with new parameters, including sustainability, green infrastructure, logistics connectivity, digitalization, skill linkages and enhanced tenant feedback.
Under IPRS 3.0, industrial parks will be benchmarked and categorised as leaders, challengers and aspirers based on their performance across key indicators. This will provide investors with transparent and credible information, foster healthy competition among states and union territories, and guide policymakers in designing targeted interventions.