Serum Institute To Invest Rs 2,400 Crore, Generate 6,500 Jobs In UK

Vaccine maker the Serum Institute of India will be investing Rs 2,400 crore in Britain to support clinical trials, research and development along with vaccine manufacturing. The deal is a part of the India-UK enhanced trade partnership, which altogether involves an investment of Rs 10,000 crore. According to sources, SII's investment aims to create 6,500 new jobs and intends to generate new business worth over $1 billion in the UK.