To make India a global electronics powerhouse, the the Ministry of Electronics & IT (MeitY) launched the ERSO (Electronics Repair Services Outsourcing) Pilot initiative to validate certain transformational policy and process changes to make India the Repair Capital of the World.
Key points
- Over the next 5 years, India’s ERSO industry is likely to fetch India a upto $20 billion in revenue and also generate millions of jobs.
- The policy and process changes required for ERSO have been introduced over the last few months by different departments of the Government after in-depth discussions with the Repair Industry and are being validated for their efficacy and efficiency through a limited pilot that has been launched.
- The pilot is being held in Bengaluru and will be run for a period of three months.
- Five companies, namely Flex, Lenovo, CTDI, R-Logic & Aforeserve have volunteered for the pilot. Post the pilot a detailed assessment will be carried out and modifications made in the process and policy as necessary.
