The Russian Federation is secretly purchasing dual-purpose goods from India to support its military industry, according to a report by the Financial Times.
The article reveals that Russia has devised secret plans to use around $1 billion to acquire essential electronics from India through covert channels. This plan involves tapping into the significant reserves of money accumulated from oil sales to India, viewing the country as an alternative market for goods previously sourced from nations now under Western sanctions.
The report also highlights that Russia and its Indian partners are focusing on acquiring dual-use technologies, which are subject to export controls.