PGC Corporation which recently changed its name from PGC Textile Corporation to just PGC Corporation has increased its stake holding in SWITCHER HOLDINGS SA head office out of Switzerland . Switcher has more than 1500 corporate customers and 1300 retail POS with more than 70 exclusive stores in Swiss and Europe . PGC Acquired 51% stake earlier in 2010 and out of the structured deal , it has increased its ownership from 51% to 86% today . PGC has also launched Switcher's sub brand WHALE in the USA and is selling over 150000 units per day in the American Market via PremDurai Imports USA Inc . With more deals such to be in pipeline , PGC has also announced the launch of Switcher Undergarment range for the Indian market which will touch more than 2000 counters in less than 6 months period .
PGC also plans to increase its production capacity shortly where the announcement will be made in the coming month .
PGC also plans to increase its production capacity shortly where the announcement will be made in the coming month .
