The Federation of Surat Textile Traders Association (FOSTTA), state’s largest textile trader body, will get a new office on Thursday. The office is being developed in a 3,500 sq ft area at the Millenium Market on Ring Road.
Surat textile traders are appealing to wholesalers and retailers across the country to make timely payments for purchased goods instead of returning them. FOSTTA has received complaints about delayed payments and goods being returned, causing panic in the textile trade.
Surat: Modification in rules related to payment duration for small and micro industries in the Income Tax Act has severely impacted the textile trade,.
The Diamond City of Surat witnessed grand celebrations for the consecration ceremony of Lord Ram's idol at Ayodhya. Textile markets and diamond units in Surat were decorated with lights, and thousands of people participated in processions, bursting firecrackers and making rangolis. Read more about the event at Ayodhya.
Surat: The Federation of Surat Textile Traders Association (FOSTTA) has launched a drive to ensure compliance with fire safety regulations in the Sura.