In line with the vision of Prime Minister Narendra Modi to make India a global electronics powerhouse, Government yesterday launched Electronics Repair Services Outsourcing ERSO Pilot initiative 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, Ministry of Electronics and Information Technology, Central Board of Indirect Taxes and
Customs, Directorate General of Foreign Trade, and Ministry of Environment, Forest and Climate Change 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 five years, India’s ERSO industry is likely to fetch India an upto 20 billion dollars in revenue and also generate millions of jobs.