What's going to be impact of this tragic event in India's economy?

AicecreaME

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Quote from: sunsilk on January 23, 2021, 06:47:25 AM

I've also watched that sad news but if they are saying that there's no need to worry about it and the manufacturing/production of the vaccine won't be affected, we have to believe what they say.

I could be intentional or not but there's no need to worry about the production if they've said so. And as to its economy, not an economists though but if there will be an affection to it, they can make it and recover quickly as the production continues.

The only thing I'm worry about is the money they've spent on building that facility to extend the production of the COVID-19 vaccine, since it was burned, the money they've dedicated to help the world has also been burned to ashes. They could've use that money on buying more doses of vaccines and yet they've lost it. But yeah, I guess there's no time to regret what happened because we need to haste to defeat the virus and live a normal life again.

EDIT: I'm gonna close this thread

iv4n

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In the end it's just one factory, there're many others... business will not stop! They will make a bigger and better factory, don't you worry about that!
I don't understand this world... and this panic around! This world has much bigger problems, but brainwashed masses is focused on an imaginary enemy with very low death rate… why we don't see this kind of initiative when it comes to fighting against poverty, for corruption, for wars around where innocent people die? All that is now behind, covid and vaccines for covid are the most important thing... f. that!
So the world is still spinning, rich people are getting richer, and they are getting more control. Now we will have covid passports, we will have many other things too, and all that is "for our own protection"! Really! Wink

Rruchi man

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Be it intentional or by accident, the fact remains that covid cannot remain forever. As for the vaccine production, the urgency for production is understood and a minor setback as this (the fire outbreak) will not be allowed to get in the way. I think that what we should be considering here is the impact covid had already caused to India's economy and the more negative impact it will cause if the vaccine is not promptly produced and distributed.

sunsilk

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I've also watched that sad news but if they are saying that there's no need to worry about it and the manufacturing/production of the vaccine won't be affected, we have to believe what they say.

I could be intentional or not but there's no need to worry about the production if they've said so. And as to its economy, not an economists though but if there will be an affection to it, they can make it and recover quickly as the production continues.

Poker Player

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Well, as unfortunate as it is that these people died, as the article says, it's not going to affect production, so I think the impact on the Indian economy is going to be minimal. It was just a new facility they were building that is has been burnt but the company has said that they can use other available facilities.

AicecreaME

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We are all seeking on a effective vaccine that'll end COVID-19 pandemic, but one of the Vaccine Factory in India has been burned, which I wonder if the fire was intentionally set by someone or just an accident.

SOURCE

However, they said this:

Quote

The company said the blaze would not affect its production of the COVID-19 vaccine.

Even though, the burnt factory is still a lost opportunity and money. What's your opinion about this?

Topic: What's going to be impact of this tragic event in India's economy? (Read 78 times)