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Explained: Why Serum Institute plans to invest 240 million pound in UK

Updated : May 07, 2021 23:17:25 IST

Adar Poonawalla, CEO of Serum Institute of India (SII), traveled to Britain and announced a new 240 million pound investment that sent jitters through India, particularly after he revealed that he was facing threats and overwhelming pressure to supply more vaccines than the company could produce.

CNBC-TV18's Sanjay Suri gets a ground report on the firm business reasons for SII to set up additional capacity in the UK.

To know more, watch the video.
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