Parshvanath to submit proposal for leather SEZ in Agra

Vishal Sharma / New Delhi/ Agra



Eleven months after its formal announcement by the Union Ministry of Commerce, Parshvanath Developers is gearing up to submit the proposal for the leather and allied products SEZ to the ministry before the June 25 deadline.

According to the company sources, the proposal was almost ready and it shall be submitted before the deadline to ensure that the funds set aside for the SEZ did not lapse.
Sources claimed that since the Agra project was a sector-specific SEZ, it only required 250 acres of land which could be arranged on the Agra-Mathura highway.
Notably, the sector-specific SEZ for leather and allied products had been announced last year by the Union Minister of State for Commerce Jairam Ramesh and the project had been handed over to Parshavnath developers for construction.
Since then, the local industrialists had been expressing their apprehensions on the delay being caused by the company in marking the SEZ land and submitting the project report before the ministry which could result in cancellation of the entire project by for lack of interest on the part of the developers.

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