India has set itself the ambitious task of climbing into the top 30 of the World Bank's ease of doing businessrankings in three years and is confident of breaking into the top 100 in this year's list, which is to be released soon.

The Department of Industrial Policy & Promotion has sought help from the World Bank to achieve this target and held a meeting on Monday to discuss this.

"We have started preparing the road map to push India further up the rankings next year," a senior government official said. "The session was conducted to identify what India needs to do more and with timelines after interaction with the stakeholders. The target is to break into the top 30 in the next three years."

India was ranked 142nd out of 189 countries - below Sri Lanka and Pakistan- in the World Bank's ease of doing business rankings benchmarked to June 2014. The list is based on 10 parameters such as starting a business, dealing with construction permits, getting electricity, paying taxes, enforcing contracts and resolving insolvency.