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India in the Global Vaccine Market Prior To and During COVID-19: Some Structural Issues

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  • Shailender Kumar Hooda

    (Institute for Studies in Industrial Development, New Delhi)

Abstract

India has a century long legacy in vaccine development and manufacturing. The indigenous manufacturers have provided a commendable service to the national immunisation programme and made the country self-sufficient in basic vaccines. India currently is a leading exporter of vaccines to the developing world. However, overtime, the country also became import dependent on some newer generation and basic vaccines in which domestic supply was inadequate. During the Coronavirus outbreak, India gained the status of fastest vaccinating country in the world in administering more than two billion Covid-vaccination doses through the indigenously produced vaccines and strengthened the global fight against the Coronavirus by supplying vaccines to more than 100 countries. Expectedly India prioritised vaccinating its own population over exporting the vaccines since the spring of 2021, restricting exports. China exploited this opportunity by ramping up Covid-vaccine exports. However, of late, some concerns have been raised against the efficacy and safety of Chinese vaccines. India, being a well-trusted country at WHO Prequalification platform, has a great opportunity to gain much around existing, newer generation and combination vaccines as well as those beyond Covid-19 by addressing some structural issues highlighted in the paper

Suggested Citation

  • Shailender Kumar Hooda, 2022. "India in the Global Vaccine Market Prior To and During COVID-19: Some Structural Issues," Working Papers 250, Institute for Studies in Industrial Development (ISID).
    • Handle: RePEc:sid:wpaper:250
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