Source: PIB
Context: MeitY launches a pilot project on Electronics Repair Services Outsourcing (ERSO) to make India Global Repair Capital.
Through the ERSO scheme, India hopes to capture 20% of the global repair service market – currently valued at $100 billion – in five years. At present, India’s revenue from repair services is about $350 million.
Significance:
- Revenue potential
- Extension of device life
- Promote circularity
- Employment
- Boosting domestic manufacturing
Right to Repair:
The Right to Repair refers to government legislation that is intended to allow consumers the ability to repair and modify their own consumer electronic devices, where otherwise the manufacturer of such devices requires the consumer to use only their offered services.
When customers buy a product, it is inherent that they must own it completely, for which the consumers should be able to repair and modify the product with ease and at a reasonable cost, without being captive to the whims of manufacturers for repairs.
The idea originally originated from the USA where the Motor Vehicle Owners’ Right to Repair Act 2012, required the manufacturers to provide the necessary documents and information to allow anyone to repair their vehicles.
