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Pilot project for electronics repair
June 6 , 2023
526 days
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- The government started a 2-month pilot project aimed at capturing 20% of the global electronics repair industry.
- This is done by relaxing customs and e-waste rules and allowing companies to repair consumer electronics and telecom equipment brought in from other regions.
- This is seen as the first step towards making India the global repair hub of the world.
- India has a cost advantage of around 57% over China and 26% over Malaysia when it comes to repair services.
- At present, India’s revenue from repair services is about $350 million.
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