Business Standard had reported in Monday´s edition of the newspaper that the Centre had not yet placed fresh orders with the vaccine manufacturers.
We stand corrected.
Govt clarification
Media reports alleging Centre has not placed any fresh order incorrect and not based on facts, says MoHFW
Serum Institute of India statement
Serum Institute of India CEO Adar Poonawalla on Monday said that vaccine manufacturing is a specialised process and it is not possible to ramp up production overnight while noting that the company has received total orders of over 26 crore doses, of which it has supplied more than 15 crore doses.
In a statement, he said they have got 100 per cent advance of Rs 1732.50 crore from the central government for the next tranche of 11 crore doses in the next few months.
He said SII has been working closely with the central government since April last year and has got all kinds of support, be it scientific, regulatory and financial"
"Amongst multiple reports it is important that correct information be shared with the public," Poonawalla said.
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