Indian steel giant stops business with Russia

Indian steel giant stops business with Russia

On Wednesday, Indian steel giant, Tata Steel 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, Tata Steel Europe, said in a statement that it “does not have any operations or employees in Russia”. The company added, its steel manufacturing units in India, the United Kingdom and the Netherlands had arranged for raw materials to be sourced from elsewhere ending its dependence on Russia. The Article was first published in Wikinews.

On Wednesday, Indian steel giant, Tata Steel 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, Tata Steel Europe, said in a statement that it “does not have any operations or employees in Russia”.

The company added, its steel manufacturing units in India, the United Kingdom and the Netherlands had arranged for raw materials to be sourced from elsewhere ending its dependence on Russia.

The Article was first published in Wikinews.

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