March 21, 2025 01:06 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Finland is world's happiest country, India slightly improves its happiness quotient with 118th position | 'I have a very good relationship with India but they're one of the highest tariffing nations': Donald Trump | Chhattisgarh: 22 Maoists, one jawan killed in two encounters | Rana Daggubati, Vijay Deverakonda, Prakash Raj among 25 celebs booked for promoting illegal betting apps | India outplay Maldives 3-0 in FIFA International Friendly | Indian researcher in US detained, faces deportation over alleged link to Hamas | Donald Trump will back Volodymyr Zelenskyy get more air defence from Europe: White House | Punjab Police detain farmer leaders in Mohali, cops remove protesters from Shambhu border | Meerut Merchant navy officer murder: Wife convinced boyfriend to commit crime with Snapchat texts posing as his dead mother | 'Welcome back, the Earth missed you': PM Modi to Sunita Williams on her return from Space
ERSO Pilot

MeitY launches pilot project on electronic repair service outsourcing; projects $20 billion revenue potential in next 5 yrs

| @indiablooms | Jun 01, 2023, at 06:00 am

New Delhi: The government on Wednesday launched the Electronics Repair Services Outsourcing (ERSO)  Pilot initiative on Wednesday with the objective to make India the most attractive repair destination for ICT products globally.

Over the next 5 years, India’s ERSO industry is likely to fetch up to $20 billion in revenue and also generate millions of jobs, according to the Ministry of Electronics & IT (MeitY).

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, an official statement said on Wednesday.

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 Wednesday.

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.

The ERSO initiative will be a game-changer for global environmental sustainability and reiterates India’s commitment to the environment and our planet, the statement said.

It will enable the extension of device life globally by providing cheap and reliable repair of ICT products for the globe.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu