India-Bangladesh joint venture company M/s Khyaati Leather Innovations BD Ltd. has signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish a Garments Accessories & Bags Manufacturing industry in Ishwardi EPZ with an investment of US$ 2.95 million. 

The company will produce annually 40-50 million pieces of Back Patches- Paper/PU/Leather, Heat Seal labels, Silicon Labels, Belts- PU/Leather, Printed Fabrics (Coated & Uncoated), Buttons, Rivets, Metal/ Plastic IDs, Metal & Plastic Eyelets, Lock-pin, Hanging Accessories, Fabric Label, Hang Tags/Stickers, Laces, Shoe Sole, Shoe Upper, Bags, all types of fashionable Tapes, Taffeta labels, Woven Labels and Knitted & Fabric Belts etc. They will create employment opportunity for 116 Bangladeshi nationals. 

Member (Investment Promotion) of BEPZA Md. Mahmudul Hossain Khan and Chairman of Khyaati Leather Pravin Satyapal Uppal signed the agreement recently (19-05-2021) at BEPZA Complex, Dhaka on behalf of their respective organizations. The Executive Chairman of BEPZA Major General Md Nazrul Islam, SPP, ndu, afwc, psc, G witnessed the signing ceremony. 

BEPZA is trying its best to attract local & foreign investment in the EPZs even during the Covid-19 pandemic. Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Secretary Md. Zakir Hossain Chowdhury, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) Md. Tanvir Hossain of BEPZA were present at the signing ceremony.