It was in 1956 that Mr. Iqbal Ahmad laid the first stone of what is Parvez Shoes Pvt. Ltd. (PSL) today.

Under the business name of Upper India Leather Works, the company manufactured industrial belting leather and worked together to build a profitable venture by producing goods of superior quality and as a result Indian Tanning Industries (ITI) was instituted in 1969 for the production of Veg. and Chrome finish leather from raw skins.