Electronics
Repair Services Outsourcing (ERSO) Launched
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ERSO
to make India Global Repair Capital
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Revenue
Potential from Outsourced Repair likely to be $20 billion in next 5 years
In line with the overall
vision of Prime Minister Narender Modi to make India a global electronics
powerhouse, the Government launched the ERSO Pilot initiative today to validate
certain transformational policy and process changes to make India the Repair
Capital of the World.
Demonstrating true
commitment to the growth of Industry, MeitY, CBIC,
DGFT & MoEF&CC converged with industry to
effect transformational policy and process changes that would make India the
most attractive repair destination for ICT products globally. 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 project has been
identified as a gamechanger for India and has been supported by the Government
to make India a world leader in a hitherto untapped domain. The process and
policy changes have been made possible due to the vision of Union Minister of Electronics
& IT, Railways and Communications Ashwini Vaishnaw
and under the able guidance of Prime Minister Narendra Modi.
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 commencing today. 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.
In line with the clarion
call of Prime Minister Narendra Modi to support Mission LiFE,
the ERSO initiative will be a gamechanger for Global environmental
sustainability and reiterates India’s commitment to the environment and our
planet. It will enable extension of device life globally by providing cheap and
reliable repair of ICT products for the globe.