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Significance
Last week, its partners in the ‘Quad’ grouping -- the United States, Japan and Australia -- agreed to help increase its vaccine manufacturing and exporting capacity. Each of the Quad members is wary of China, which like India is gifting and selling coronavirus jabs around the world.
Impacts
India’s manufacturing sector will attract more foreign direct investment.
Greater cooperation over supply chains will help strengthen India-Australia ties.
Indian pharma will in the long term aim to ease dependence on imports of active pharmaceutical ingredients from China.
Keywords:
India,
AP,
Afghanistan,
Australia,
Bangladesh,
Bhutan,
Cambodia,
China,
Japan,
Maldives,
Myanmar,
Nepal,
Pakistan,
South-east Asia,
United States,
industry,
international relations,
politics,
social,
foreign policy,
foreign trade,
government,
health,
pharmaceutical,
summit,
talks,
biotechnology,
foreign investment,
investment,
manufacturing,
regulation
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2021
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