The government is debating whether to provide boosters to other groups for free, said one of the sources, who both sought anonymity as the government has yet to make a decision.
A health ministry spokesperson wrote in a WhatsApp group for reporters: "no decision yet".
The Serum Institute of India (SII), whose Covishield vaccine dominates India's immunisation programme, said on Monday it stopped the shot's production in December but still had a stock of 200 million doses. It has produced 1.9 billion doses in total.
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Its Chief Executive Adar Poonawalla told CNBC-TV18 that they would restart production of the vaccine, a version of the AstraZeneca shot, if demand returned through boosters or any other way.
India's health ministry, meanwhile, has urged states to boost COVID-19 surveillance measures, citing a resurgence in some parts of Asia and Europe. China and Italy have seen a recent rise in cases.
Infections in India, however, have fallen to their lowest in more than a year, with 1,549 new cases reported in the past 24 hours and 31 deaths. India's total infections now stand at more than 43 million, with 516,510 deaths.
The country of about 1.4 billion people has administered 1.81 billion vaccine doses, more than 20 million as boosters.
On Twitter some Indians have said organisers of some events overseas have limited attendance to those who have taken booster doses. Countries such as Israel, for example, do not consider vaccination complete in the absence of booster doses.
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