Russian President Vladimir Putin on Tuesday said India is also likely to start producing Russiaโ€™s Covid19 vaccine Sputnik V.

As per reports, Putin said China is also expected to commence the production of producing Russiaโ€™s Sputnik V vaccine.

Putin also proposed speeding up of creation of vaccine research centres in BRICS nations โ€“ Brazil, Russia, India, China and South Africa.

In August this year, Russia announced that it had registered the worldโ€™s first Covid19 vaccine and named it after the first Soviet space satellite Sputnik-I, which was launched in 1957.

Sputnik V is the worldโ€™s first registered vaccine based on a well-studied human adenoviral vector-based platform.

It currently ranks among the top ten candidate vaccines approaching the end of clinical trials and the start of mass production on the World Health Organizationโ€™s (WHO) list.

Sputnik V vaccine has been developed by Russiaโ€™s Gamaleya National Research Institute of Epidemiology and Microbiology.

The vaccine candidate arrived in India following the nod to Hyderabad-based pharmaceutical company, Dr. Reddyโ€™s Laboratories, to conduct an adaptive phase 2/3 human clinical trial for the vaccine in the country.

A video of small containers having the logo of Dr. Reddyโ€™s and Sputnik V, being unloaded from a vehicle, has gone viral on social media.

So far, the journal Lancet stated, the Sputnik V vaccine remains effective despite the low number of people on whom it was tried in Russia.

According to interim trial results announced by Russiaโ€™s health ministry, Sputnik V vaccine has shown 92% efficacy in preventing Covid19 disease.