How repairs could drive India’s pitch to major tech companies
India will launch a pilot program to become a hub for electronics repair. The country plans to streamline import-export regulations to attract major tech companies to expand their operations in India.
While the government has worked to boost electronics manufacturing in India and has successfully attracted companies like Apple and Xiaomi, the country is yet to establish a repair outsourcing industry. This industry is estimated to be worth $100 billion globally and is currently dominated by China and Malaysia.
The Indian government plans to test changes to reduce the time required for import and export approvals to just one day, thanks to a request from the industry group MAIT representing IT and electronics manufacturers, according to a report from Reuters.