In 2024, Russia acquired 2,456 tonnes of Indian-made gas components value US$12.9 million, accounting for 49.6% of all imports.
Supply: The Unbiased, citing analysis by Ukraine's Financial Safety Council (ESC)
Particulars: The most important producer of gas components provided to Russia in 2024 was Good Merchants & Moulders Personal Ltd.
Russia's Kapron LLC, sanctioned by the US as one in every of Russia's key power belongings supporting its navy wants, imported 1,885 tonnes of its merchandise value US$10.1 million.
One other 287 tonnes value US$1.3 million have been provided to Kapron LLC by India's Thermax Restricted, whereas over 70 tonnes have been imported by means of AVK JSC.
Russian fighter jets require gas components to enhance engine efficiency and lengthen service life.
Russia is unable to supply the required quantity of components domestically and, following Western sanctions, changed its American suppliers with Indian producers.
"This help remains to be essential just because, given the present Ukrainian assaults on the oil refineries, and a few of these oil refineries make the components themselves, Russia's manufacturing capacities are undermined. So they are going to depend on imports much more now," mentioned Olena Yurchenko, director for evaluation, investigations and analysis on the ESCU, in a remark to The Unbiased.
Background: Merchants providing Russian oil have begun demanding cost from Indian state-owned refineries in Chinese language yuan.
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