Hit by demonetization and cash crunch, electronics refurbishing and recommerce companies have started consolidating operations in India.
Last week, the Commerce and Industry Minister Nirmala Sitharaman rejected Apple's proposal to sell refurbished iPhones in India. But refurbished products are better than second-hand products. A number of etailers are selling them. So, why is the government turning its back on iPhones, when Apple is a bigger brand?
Ever wondered what happens to products that are returned due to negligible defects? Or the ones returned because they developed minor faults soon after purchase?
Hitendra Chaturvedi wants to find new homes for millions of damaged and used electronics items