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Kremlin policies, including 21% interest rates and long-term population growth plans, underscore concerns over Russia's defense industry and workforce.
Indian Shreya Life Sciences, traditionally a pharmaceutical distributor, has emerged as a significant supplier of restricted AI technology to Russia, shipping 1,111 American high-end Dell servers containing restricted Nvidia chips between April and August 2024.
Despite Western efforts to curb Moscow's oil revenues through sanctions, Russia continues transporting oil worldwide using "shadow fleet," aging tankers operating outside international regulations, which were detected spilling oil in waters and threatening the environment.
India has become a key node in Russia's efforts to bypass Western tech sanctions, exporting sensitive technologies to Russia, including microchips, circuits, and machine tools.