India Can Create Over 5 Million Jobs Says MAIT ERSO Report

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MAIT, the apex body representing India’sICT and Electronics sector, today launched a report titled ‘Electronic Hardware Repair Services Outsourcing‘ (ERSO) at the Electronics  & Telecom Manufacturing Summit 2021 (MAIT-ETMS). The report makes strong recommendations to  the Government of India to streamline and simplify procedures to make India a repair and  refurbishment hub for IT and electronic products. The MAIT report builds on the need to tap the repair  market based on Independent third-party research and analysis conducted by Lexport as Knowledge  Partners. 

The repair and calibration of electronic subassemblies and products is a 100 billion-dollar industry  worldwide. High costs of repairing electronic goods in developed countries like the United States and  Europe are compelling the corporates to send goods overseas, where such repair services are provided  at lower prices due to both skills and cost arbitrage.  

The report presents a comprehensive picture of the  legal, policy, and compliance-related amendments recommendations and aims to request the Government  of India to consider the changes in policy measures and  reform the repair and refurbishment service sector in  India. 

The report highlights background on the regulatory  landscape and emphasizes bottlenecks and difficulties  being faced day to day by the repair units in India, such  as various regulatory approvals, import/ export  restrictions; investment and Infrastructure cost; lack of  skilled workforce and technology; E-waste related  constraints, etc. 

Sharing his thoughts on the report launch, Mr. Nitin  Kunkolienker, President, MAIT, said, “The electronics  repair industry has the potential of becoming an  emerging sector for employment growth in India. With  the right regulatory support from the Government of