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Cipla eyeing higher capital expenditure on automation for three more years

28 Dec 2022 Evaluate

Cipla is eyeing to continue capital expenditure on automation for next three years. The company has started its investment journey on the automation front two years ago and has already been recognised for its work by multiple bodies. The World Economic Forum (WEF) has recognised one of its four manufacturing units as a 'lighthouse' project for being replicated across the world. The company will be implementing the same across all of its 42 plants.

The journey on automation has its roots in a decision Cipla took in 2020, where it started with reimagining technology and making it more cost-effective. The company’s main aim at the organisation level is to produce high quality products which comply with sustainability goals, which are affordable and leave the planet safer.

Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients.

Cipla Share Price

1443.80 6.45 (0.45%)
25-Jun-2026 10:05 View Price Chart
Peers
Company Name CMP
Sun Pharma. Inds. 1877.40
Dr. Reddys Labs. 1358.50
Cipla 1443.80
Zydus Lifesciences 1105.05
Lupin 2371.80
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