Surat has become the first city in India to establish a dedicated Textile Police Station, a landmark initiative aimed at curbing financial fraud and strengthening confidence in the country's largest man made fabric trading hub. The specialised unit will investigate payment defaults, fake firms, forged documents and other textile related commercial offences.
According to Kailash Hakim, President of the Federation of Surat Textile Traders Association (FOSTTA), the city's textile industry records an annual turnover of nearly Rs 1.50 lakh crore, operates through more than 75,000 trading shops across 220 textile markets, and supports over 15 lakh livelihoods. He said fraudulent activities cause losses of nearly Rs 500 crore every year, while around 200 cheating cases have been registered during the past two years.
Hakim said, "When I became FOSTTA president around two years ago, we requested a dedicated police station for the textile industry before then Home Minister and current Deputy Chief Minister Harsh Sanghavi."
Industry stakeholders believe the new police station will improve trade security, accelerate investigations and create a more transparent business environment for Surat's vast textile ecosystem.
According to Kailash Hakim, President of the Federation of Surat Textile Traders Association (FOSTTA), the city's textile industry records an annual turnover of nearly Rs 1.50 lakh crore, operates through more than 75,000 trading shops across 220 textile markets, and supports over 15 lakh livelihoods. He said fraudulent activities cause losses of nearly Rs 500 crore every year, while around 200 cheating cases have been registered during the past two years. Hakim said, "When I became FOSTTA president around two years ago, we requested a dedicated police station for the textile industry before then Home Minister and current Deputy Chief Minister Harsh Sanghavi."
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