• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026
HealthIndia

India’s jab shortage has cut its daily vaccination rate in half

Grady McGregor
By
Grady McGregor
Grady McGregor
Down Arrow Button Icon
Grady McGregor
By
Grady McGregor
Grady McGregor
Down Arrow Button Icon
May 4, 2021, 6:25 AM ET
Video Poster
Add Fortune on Google for similar content.

India is vaccinating about half as many people per day as it did a month ago, as India’s vaccine campaign fails to keep pace with the country’s spiraling public health catastrophe.

On May 2, India administered 450,000 COVID-19 vaccine shots, according to the government, its lowest tally in over a month and down from a peak of 4.5 million people on April 5. On Monday, India increased the number of shots delivered to 1.7 million, bringing India’s seven-day average to 1.96 million people vaccinated per day. Still, India’s seven-day average is down nearly half from early April, when it averaged 3.5 million shots per day.

India, the world’s largest vaccine manufacturer, is running out of supplies and confronting new distribution problems.

Last week, India’s vaccine registration portal briefly crashed amid a surge of new sign-ups. The government also abruptly shifted last week to allowing private hospitals and individual states to purchase 50% of available vaccine stocks rather than controlling 100% of the vaccines at the federal level. The decision, experts say, provided local officials and hospitals with only a limited window to negotiate for doses and stockpile vaccines.

On Saturday, India opened its COVID-19 vaccination program up to every eligible adult—an additional 600 million people—but expanding the program only increased demand for a dwindling supply.

On Sunday, Adar Poonawalla, the CEO of India’s largest vaccine manufacturer, the Serum Institute, told the Financial Times from London that India’s vaccine supply shortage may last until July.

At that time, he expects the Serum Institute, which is manufacturing AstraZeneca’s vaccine under the name Covishield, to increase production to 100 million vaccines per month, up from the current 60 million to 70 million doses per month.

“We have [secured a government loan] right now to address the ridiculous shortage that the nation, and obviously now the world even, has,” Poonawalla said to the Financial Times. In the past, Poonawalla has blamed a shortage of raw materials on the U.S.’s vaccine export ban and his own government’s decision to freeze vaccine exports; when the Serum Institute failed to fulfill overseas contracts, funding dried up.

India has delivered 159 million COVID-19 jabs to its citizens, trailing only China and the U.S. in total shots delivered. Still, India’s campaign to inoculate its 1.4 billion people has fallen off pace. India has provided at least one vaccine dose to 9.4% of its population, compared with 24.9% of people given at least one dose in the European Union and 44.4% in the U.S. China, on the other hand, says it has provided vaccines to 9.8% of its population. (The share that’s received at least one dose is likely higher, but China does not report that information.)

To boost its campaign, India has reduced hurdles for foreign vaccine makers to sell COVID-19 vaccines in India. It approved Russia’s Sputnik V vaccine on March 24. Previously, India had only approved vaccines from domestic makers, the Serum Institute and Bharat Biotech.  

The first Sputnik V shipment arrived in India on Saturday, carrying 150,000 doses.

The Russian Ambassador Nikolay Kudashev said Saturday that local production is expected to start “soon,” with the goal of ramping up production to 850 million doses per year. But neither Kudashev nor the Indian government provided a specific timeline on when exactly they expect more doses to arrive.

Meanwhile, Dr. Reddy’s, the Indian pharmaceutical firm that is partnering with the Russian Direct Investment Fund to produce the Sputnik doses, said Saturday that the 150,000 doses will be available in “a few weeks” after clearing customs.

The U.S. also pledged last week to send 20 million doses of its own AstraZeneca supply to India, but has not provided a timeline for the shipment.

Albert Bourla, the CEO of U.S. pharmaceutical giant Pfizer, said Monday that he is in talks with India’s government to supply the country with vaccines, but India’s approval process continues to remain a roadblock.

“Unfortunately, our vaccine is not registered in India, although our application was submitted months ago,” he said in a video statement.

Pfizer applied for emergency approval of its vaccine in India last December but withdrew its application in February after Indian regulators asked Pfizer to conduct additional safety trials in the country.

In mid-April, India relaxed requirements for foreign vaccine makers and said India will accept vaccines if they had been approved by the World Health Organization or authorities in the U.S., Europe, the U.K, or Japan. Bourla said Monday that Pfizer is in talks with Indian authorities regarding the expedited approval process.

The additional vaccines cannot come fast enough for a country that has become the epicenter of the global pandemic.

India has averaged over 327,000 new cases and over 3,000 deaths each day in the past week, and hospitals remain at capacity with lifesaving supplies like oxygen cylinders and treatment drugs running critically short.

Vaccines may prove India’s only long-term option to getting out of its COVID-19 crisis. But, at least in the short term, there’s little jab relief on the horizon.

More health care and Big Pharma coverage from Fortune:

  • Moderna is working toward a single shot for both COVID and flu protection
  • Pfizer’s COVID-19 treatment pill could be available by year’s end
  • West Virginia sets new bar for COVID vaccine incentives with $100 reward
  • Americans can travel to Europe this summer. But will they want to?
  • The 2021 Fortune/IBM Watson Health 100 Top Hospitals
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today.
About the Author
Grady McGregor
By Grady McGregor
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Health

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Health

The 6 Best Exercise Bikes of 2026: Fitness Expert Reviewed
HealthDietary Supplements
The 6 Best Exercise Bikes of 2026: Fitness Expert Reviewed
By Christina SnyderJuly 1, 2026
15 hours ago
kean
PoliticsCongress
Tom Kean discloses depression diagnosis behind 4-month absence from Congress: ‘until you experience it yourself, it is difficult to fully understand’
By Mike Catalini, Joey Cappelletti and The Associated PressJune 30, 2026
2 days ago
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
HealthBrainstorm Tech
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
By Amanda GerutJune 29, 2026
3 days ago
usa
EnvironmentHeat
Long and dangerous heat wave to roast America from Dallas to New York through July 4th holiday
By Marc Levy and The Associated PressJune 29, 2026
3 days ago
France suffers 1,000 additional deaths in just the past week amid record heat wave—and 85% involved people aged 65 and above
EuropeWeather and forecasting
France suffers 1,000 additional deaths in just the past week amid record heat wave—and 85% involved people aged 65 and above
By Kirsten Grieshaber, John Leicester and The Associated PressJune 28, 2026
4 days ago
Peter Rahal speaks on stage in front of a black and purple background.
RetailFood and drink
David Protein CEO says ‘diet trends are over’ because of GLP-1s: ‘What’s next is really hard to predict’
By Sasha RogelbergJune 28, 2026
4 days ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
24 hours ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.