Indian steel giant stops business with Russia
Saturday, April 23, 2022
On Wednesday, Indian steel giant, announced that it was cutting all business ties with Russia. This made Tata Steel the latest multi-national company to stop business with Russia following the Russian invasion of Ukraine.
A spokesperson from the company’s European division, , said in a statement that it “does not have any operations or employees in Russia”.
With the announcement, Tata Steel became one of the few Indian companies to halt business activities in Russia. Last week,, India's second largest information technology company announced that it had stopped its operations in Russia.
Thehas not yet condemned the Russian invasion by taking a neutral stand amid pressure from Western countries.
- "India's Tata Steel to stop doing business with Russia" — , April 20, 2022
- "'Conscious decision': Indian multinational Tata Steel to stop doing business with Russia amid Ukraine war" — , April 20, 2022
- Press Release: "Comment from Tata Steel clarifying its business activity with Russia" — , April 20, 2022