Mumbai, Feb. 24 -- Cipla Health Ltd., the over-the-counter (OTC) arm of Cipla Ltd., is targeting a two- to three-fold expansion over the next five years, as it pushes deeper into sexual wellness, premium skincare and everyday health products.

"The target for the unit is 2 to 3 times, in the near future, 3 to 5 years," said Shivam Puri, managing director and chief executive officer (CEO) of Cipla Health Ltd, in an interaction with Mint.

The growth ambition comes as India's premium personal care and wellness market intensifies, drawing aggressive FMCG majors, venture-backed startups and global brands. Cipla Health is betting that its pharmaceutical lineage and scientific credibility can help it scale brands into large consumer franchises....