Synthetic & Art Silk Mills' Association Ltd. (SASMA) is the oldest organisation in the country representing Man-Made Textile Industry. SASMA was established in 1939-40 under the Companies Act. It has been providing yeoman service to the Man-Made Textile Industry for six and half decades. SASMA is the parent organisation in the Man-Made Textile Industry and is instrumental in establishing SASMIRA, SRTEPC, RMCC, RAYEX and Federation of Indian Art Silk Weaving Industry (FIASWI).