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Tight verification system to be implemented to curb rising defaults in MMF industry

Related Keywords: Diwali Festival, Federation of Gujarat Weavers Association, FOSTTA, man-made fibric industry, textile traders, Weavers

Textile traders and weavers have collectively decided to implement the form system to curb the rising cases of defaults in the country's biggest man-made fabric (MMF) industry.

If a trader in the textile market wishes to buy unfinished fabrics from weavers, he will have to fill in his phone number, address proof and other details in a form and also provide a passport-sized photograph to them.

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