 Friends, the pandemic has once again shown that India's pharma industry is an asset not just for India but for the entire world. It has played a leading role in reducing the cost of medicines especially for developing countries. Businesses made in India are responsible for two-third of the vaccine needs of the world's children. Today also, our companies are active in international efforts for development and production of COVID-19 vaccine. I am certain that India will have an important role in developing and in scaling up production of the vaccine once it is discovered.