Source: www.fibre2fashion.com
As micro, small and medium enterprises (MSMEs) face several challenges in technology adoption that includes lack of information technology infrastructure, skilled resources and data security concerns, start-up ESG Robo has created a model that eliminates all upfront investment requirements by factories, according to founder-chief executive officer Sandeep Raghuwanshi.
For the apparel industry in particular, the companies have additional concerns of uncertain order pipeline and thin profit margins, he told Fibre2Fashion in an interview.
“We invest in the entire data infrastructure and factories can just plug into our ecosystem and start deriving benefits. An MSME can get started as a partner by starting for as little as a few dozen machines of a single line. Our installation engineers would visit and will set up the system within a few hours without any disruption to the ongoing work,” Raghuwanshi added.