It conducts the National Squash Championship, and promotes the game through the different state level squash bodies, and provides training facilities and selects the squad for the Indian team. It also chooses coaches for the national team (presently Cyrus Poncha and Major S. Maniam).
Among the major facilities created by the SRFI is the ICL-TNSRA squash academy, which hosted the World Team Championship in 2007.
In 2000, the squash association of Maharashtra felt that the chairman of the SRFI, N. Ramchandran, was hindering the chances of players.
Conflict between the SRFI and squash athletes came to a fore in 2005, when the government was conferring the Dronacharya award on SRFI affiliated squash coach Cyrus Poncha:
In 2008, the SRFI chose a woman's squad for the Asian championships without Dipika Pallikal, who was then training in Egypt, after having recently won the under-17 British Open. The federation cited irregularities in the paperwork in informing the group about her absence due to training, but it was felt that this might have been a rivalry with the Mittal Champions Trust which had been sponsoring her training abroad.
The SRFI has also been implicated in various delays, leading to India losing the opportunity to host world championships. Occasionally, the body has been the subject of hate mail campaigns .
Recently, private groups such as the Jindal Squash Academy are promoting participation in Squash. Also, the Mittal Champions Trust has invested $9 million to train athletes for the 2012 London olympics, particularly focusing on squash. They have taken the initiative to have Indian talent undergo training under the best facilities, in India or abroad. The SRFI has often been in conflict with these private groups.
The SRFI maintains the website indiansquash.net, which announces the national squash calendar and other details. (site not functional as of 2008-08-19).