This project investigates investor preferences for eco-transformation in industrial parks, focusing on how Indian and German companies evaluate and prioritize different features when selecting industrial locations in India. Using advanced Discrete Choice Experiment (DCE) and choice modelling methods, it quantifies real-world trade-offs firms make among key industrial park attributes.
The research provides evidence-based insights to guide the development of sustainable, investor-attractive, and environmentally responsible industrial parks. By revealing which factors most strongly drive company decisions, the project helps policymakers, park developers, and investors design industrial ecosystems that meet both economic performance goals and environmental standards.
For industries, this work is particularly important: it offers a clearer understanding of what makes industrial parks truly competitive in a global market increasingly shaped by ESG commitments, green finance, and carbon accountability. The findings will support firms in identifying optimal investment environments, aligning with international sustainability norms, and gaining strategic advantages through participation in certified eco-industrial networks.
At a broader scale, the study contributes to strengthening India’s industrial competitiveness, advancing eco-industrial park frameworks, and fostering Indo-German cooperation in sustainable industrial development. The results are expected to inform future industrial policies, certification schemes, and infrastructure investment strategies that promote low-carbon, resilient growth.
The project is funded by the German Academic Exchange Service (DAAD) under the Development-Related Postgraduate Courses (EPOS) programme.
Project Manager
- Project Team
- Dr. Saroj Kumar Chapagain
