Rapid digitalisation has led to large-scale deployment and frequent replacement of IT hardware across enterprises.
Laptops, servers, networking equipment, mobile devices, and hard disk drives are regularly upgraded to remain competitive, resulting in a sharp rise in electronic waste.
Instead of discarding aging equipment, organisations are increasingly focusing on extending asset lifecycles.
Refurbishment involves structured evaluation, repair, cleaning, and component upgrades that restore systems to efficient working condition at a fraction of the cost of new purchases.
This process can extend asset life by 24 to 36 months, significantly reducing landfill pressure.
In high-turnover sectors such as healthcare, manufacturing, finance, and IT services, refurbishment supports circular economy principles.
Industry estimates…. place India’s refurbishment market at over ₹50,000 crore, highlighting strong and growing enterprise demand.
Refurbished devices typically cost 70–80% less than new ones while delivering near-new performance.
This enables organisations to maintain productivity without inflating IT budgets.
Certified service providers also ensure quality assurance, warranties, secure data sanitisation, and complete asset traceability.
India’s organised refurbished smartphone market is poised for double-digit growth this year, rebounding after the exit of Amazon and Flipkart.
Strong festive demand, expansion into laptops and smartwatches, and a shift toward direct-to-consumer models have revived sales, with players like Cashify projecting higher revenues.
Beyond cost savings, refurbishment directly supports ESG goals by reducing emissions, lowering raw material extraction, and minimising hazardous waste.
As technology demand rises, refurbishment is becoming a strategic necessity for future-ready, sustainable enterprises.
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