Home / Knowledge / News / Textiles / Traders warned to submit bio-data by Aug 1 - FOSTTA

Traders warned to submit bio-data by Aug 1 - FOSTTA

21
Jul '10
The Federation of Surat Textile Traders Association (FOSTTA) has given a final call to all textile traders who operate from hired shops in 140 textile markets, to fulfil the requirement of furnishing the association with duly filled bio-data forms by August 1, or they should be ready to countenance any legal action. This is being done with the intent to exercise a check on the mounting number of cases of defaults.

Members of the Association said that, of a total 55,000 textile shops situated in 140 textile markets spread across Ring Road and Salabatpura area, around 15,000 shops are rented. It is only in the past one month's duration that around 3,500 traders functioning from these hired shops have filled in the bio-data forms, but the rest of them still need to do that.

This bio-data mechanism has been introduced in the textile market by FOSTTA office-bearers with a view to prevent the fly-by-night operators from entering the market, thus, cutting down the cases of defaulters. It is only in the past six months or such duration that the textile markets have noted default cases of worth around Rs 4 billion.

Fibre2Fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 8th May 2021

French Development Agency to invest $83m in Ivory Coast cotton sector

Over a period of five years, the French Development Agency (AFD) will ...

Pic: Juki

Apparel/Garments | On 8th May 2021

Japanese companies collaborate to develop sewing machine business

Juki Corporation and Pegasus Sewing Machine Mfg have entered into a...

Pic: Rocky Brands

Apparel/Garments | On 8th May 2021

Rocky Brands expands Made in America capabilities

Rocky Brands has expanded the offering of its Made in America product ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Textile Industry, Head honchos

Textile Industry
Head honchos

Farmers who produce seeds earn 50 per cent more

Textile Industry, Head honchos

Textile Industry
Head honchos

Value of 'Made in India' should get more importance

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search