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Source: The post is based on the article “MeitY launches pilot project on Electronics Repair Services Outsourcing (ERSO)” published in the PIB on 31st May 2023
What is the News?
The Government has launched the Electronics Repair Services Outsourcing (ERSO) Pilot initiative.
What is Electronics Repair Services Outsourcing (ERSO) initiative?
Need: Over the next 5 years, India’s ERSO industry is likely to fetch India up to $20 billion in revenue and also generate millions of jobs.
Aim:
-To validate certain transformational policy and process changes to make India the Repair Capital of the World.
-To assess the feasibility and potential of capturing 20% of the global repair service market within five years.
Nodal Ministry: Ministry of Electronics & IT.
Location of the pilot project: The pilot is being held in Bengaluru and will be run for three months.
Other details of ERSO:
-India’s e-waste policy will be modified to enable repair companies to domestically recycle 5% of imported goods by weight on a trial basis.
-The repaired goods will not be permitted to be sold in the domestic market.
-New provisions will be made to allow their exportation to regions other than their country of origin.
What are the significances of the ERSO initiative?
-The project has been identified as a game-changer for India and make India a world leader in a hitherto untapped domain.
-The ERSO initiative will be a game-changer for Global environmental sustainability and reiterates India’s commitment to the environment and our planet.
-The initiative will enable extension of device life globally by providing cheap and reliable repair of ICT products for the globe.
