In an important development for the textile traders of Surat, the Federation of Surat Trade and Textile Association (FOSTTA), an organization representing over 70,000 shops, has successfully registered its constitution under Section 8. This significant milestone opens the door for all traders in Surat’s textile market dealing in processed (colored) fabric to become FOSTTA members.
Membership Categories and Benefits:
FOSTTA membership is now available in three categories: Platinum, Gold, and Silver. Members will enjoy a range of benefits including:
- The right to participate in the electoral process
- Access to modern technology and AI-based software/applications developed by FOSTTA
- Enhanced business security and information
- Opportunities for business information exchange and growth
FOSTTA President's Statement:
Kailash Hakim, President of FOSTTA, expressed his enthusiasm, stating, “This is a historic moment for us. With FOSTTA’s constitution being registered, we are starting a new chapter of solidarity and empowerment for all textile traders of Surat.” He encouraged members to leverage the benefits provided by FOSTTA, emphasizing the organization’s commitment to advancing Surat's textile industry and bringing prosperity to all traders.
Application Process:
Interested traders can apply for FOSTTA membership by visiting the FOSTTA website or contacting their office. Required documents for membership application include:
- Aadhaar card
- PAN card
- GST certificate
- Trade license
About FOSTTA:
Founded in 1984, the Federation of Surat Trade and Textile Association (FOSTTA) is a premier organization representing Surat’s textile industry. It advocates for the development of the textile sector and protects the interests of traders from over 70,000 shops. FOSTTA's mission is to promote the growth and sustainability of the textile industry in Surat.
This new development marks a significant step towards uniting the textile traders of Surat under a structured and beneficial framework, fostering growth, and ensuring the continued prosperity of the industry.
