We still think India’s recovery will be subdued in H2 2021, despite a significant pick-up in vaccinations from August. The uptick in inoculations is mostly first doses, and it will take time for second doses to be administered. As per our estimates, around 40% of the population will be fully vaccinated by end 2021.
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Topics: Asia, Global economics, India, Markets, Global economy, Coronavirus, Asia Pacific, Coronavirus vaccine, ASEAN, South East Asia, SEA, APAC, Vaccine rollout, Vaccines, Asian Economy, Covid19, Vaccine programmes, Covid restrictions, Covid crisis