QUAD VACCINE INITIATIVE

QUAD VACCINE INITIATIVE

Subject : International Events

Context : A mega Quad vaccine initiative, with India as the key, will be one of the main outcomes of the first-ever Quad grouping’s leadership summit.

Concept :

• Quad vaccine initiative will basically function as “Vaccines developed in the US, manufactured in India, financed by Japan and US, and supported by Australia” and will allow “new manufacturing capacity to be added” in India for exports to the Indo-Pacific region.
• Quad Vaccine Initiative will project and re-inforce India’s credentials as a trusted, reliable manufacturer and supplier of quality vaccines.
• It will appreciably expand our Vaccine Maitri effort and strengthen India’s standing as a critical node in global health supply chains and as a selfless contributor to global health security.

Background:

• India, the world’s largest manufacturer of vaccines that has already shipped out more than 48 million doses worldwide is expected to request Quad investment to scale up its outreach further.