The Ministry of Electronics and Information Technology (Meity) on May 31, 2023, launched a pilot project on Electronics Repair Services Outsourcing (ERSO).
Demonstrating genuine commitment to the growth of Industry, MeitY, CBIC, DGFT & MoEF&CC converged with the 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 will likely fetch India up to $20 billion in revenue and generate millions of jobs.
The project has been identified as a game changer for India and has been supported by the Government to make India a world leader in a hitherto untapped domain.
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. They are being validated for their efficacy and efficiency through a limited pilot that has been launched.
[Notification No. 1928643]