Tata Steel to Infosys: Indian businesses are quitting Russia
Two of India's biggest businesses are moving away from Russia, even as Prime Minister Narendra Modi refrains from taking a tough stance against Moscow over the war in Ukraine.
Tata Steel, one of the largest steelmakers in India, said on Wednesday that it has "taken a conscious decision to stop doing business with Russia."
The company, which is also one of the biggest steel producers in Europe, said it has a plan in place to ensure minimal disruption to its business.
All "our steel manufacturing sites in India, the UK and the Netherlands have sourced alternative supplies of raw materials to end its dependence on Russia," it added in a statement, without providing any further details.
https://www.msn.com/en-us/news/world/tata-steel-to-infosys-indian-businesses-are-quitting-russia/ar-AAWrBbp
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