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Home India

Fire in Serum Institute will not affect the production of Kovishield, total loss of 1 thousand crores

Business News by Business News
January 22, 2021
in India
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no effect on covishield production due to fire in serum institute of india caused damage of one thousand crore
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Maharashtra Chief Minister Uddhav Thackeray said that there was a fire accident in Serum Institute of India (SII) or it was done deliberately, it will be known after the investigation is over.

SII Fire Incident: Maharashtra Chief Minister Uddhav Thackeray said on Friday that whether there was a fire accident in the Serum Institute of India (SII) or it was done intentionally, it will be known after the investigation is over. On Thursday, five people were killed in a fire in a five-storey under-construction building in Manjari campus of SII, Pune. Addressing the press conference after going to the fire place, Thackeray said that let the investigation be completed. It is not right to say anything right now. After the investigation is over, we will know whether it was an accident or it was done on purpose.

Effect of second vaccine production

SII CEO Adar Poonawala said that there has been no damage to the production of the Covishield vaccine, but other facilities involved in the production of the Rotavirus and BCG vaccine have suffered. He told that there is a loss of 1 thousand crores due to fire. The Manjari complex is where the covid-19 vaccine Covishield of serum is produced. This vaccine is being used in the ongoing vaccination campaign across the country. The building where the fire was located is one kilometre away from the Kovishield Manufacturing Unit.

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25 lakh compensation to the family of the deceased

Please tell that the chairman and MD of the company, Cyrus Poona Vala, announced a compensation of Rs 25 lakh to the family of each deceased. He said that today is a very sad day for everyone in SII. We are very sad to know the lives of people in the accident and have deep condolences to the families of the dead. In addition to the fixed amount, a compensation of Rs 25 lakh will also be given to the family of each deceased. Pune Mayor Muralidhar Mohol says that the people who lost their lives were probably workers in the under-construction building.

Tags: adar poonawalaSerum fire accidentserum fire incidentserum institute fireserum institute of indiasii fire incidentuddhav thackrey
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