Thursday, June 28, 2012

PGC Corporation !!!

PGC announced its name change from PGC Textile Corporation to being in the future known as PGC Corporation this June 2012 .

PGC been having a constant growth over 50% for the past 5 years , announced its name change of the company .  Being vertically integrated , it has plans to increase its internal capacity to optimise its production this year .

PGC also subsequently acquired more shares in Switcher and increased its holding on Switcher from 51% share holding to 86% shareholding now .

PGC also launched Whale (Switcher's brand) in the USA recently and has said it has shown good response in the year .

PGC also announced that its Undergarment range of Switcher will shortly be launched in India as the pilot project became a success after trailing in 200 pilot POS (point of sales) done in early 2012 in India .It said that the production is on now and PGC will enable Switcher products to be available in more than 2000 counters before the end of this financial year .

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