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Here’s why Serum Institute of India’s recent fire accident reveals lessons learnt the hard way in Enterprise Risk Management

A fatal blaze in one production facility at the Serum Institute of India (SII) SEZ plant in Manjri on 21st January, in Pune shocked everyone. Fire sparks generated during the construction work combined with inflammable materials such as PVC, plastic, acrylic and plywood present there trapped and asphyxiated the workers killing 5 of them.

Our PM tweeted aptly over the incidence, “Anguished by the loss of lives due to an unfortunate fire at the @SerumInstIndia”.