Swiss Military Consumer Goods Ltd., originally established as Network Ltd. in 1989, is engaged in trading and investment within the capital market and futures and options segment. The company has established international collaborations with Canon, Japan, and Medison Company, South Korea, for technology transfer. In 1994, it earned an ISO 9001 certification for its comprehensive quality management across design, manufacturing, and sales functions, awarded by RWTUV, Germany.
In 1995-96, the company focused on health care equipment through a joint venture with Picker Inc., USA. Significant capital restructuring occurred in 1999-2000, wherein the company issued equity shares to reduce liabilities. A major corporate restructuring took place in 2004-05 when PPS Towers Private Limited acquired a controlling stake, thus becoming the holding company. The firm underwent a rebranding to Swiss Military Consumer Goods Ltd. in March 2020, reflecting its evolving business focus and identity.
