<ul><li>Mumbai-based pharmaceutical company Shreya Life Sciences has emerged as a key supplier of high-tech equipment to Russia, despite sanctions.</li><li>From April to August 2024, Shreya Life Sciences exported over 1,000 Dell PowerEdge XE9680 servers embedded with Nvidia chips designed for AI applications, valued at $300 million.</li><li>India has become the second-largest supplier of restricted technologies to Russia after China, drawing concerns from Western governments.</li><li>Shreya's role in supplying technology to Russia has prompted diplomatic pressure, but India has not reconsidered these shipments.</li></ul>

Mumbai-based pharmaceutical company Emerges as Key Supplier of High-Tech Equipment to Russia Amid Sanctions

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