India rejects reports about diversion of Indian Defence Exports to Ukraine

India rejects reports about diversion of Indian Defence Exports to Ukraine

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India rejects reports about diversion of Indian Defence Exports to Ukraine

A massive propaganda warfare has been initiated to drive a wedge between the deep strategic Indo Russian Friendship. However India not a banana republic but a rising Super Power.

The Ministry of External Affairs (MEA) has rightly rejected such planted media reports by Western Press claiming diversion of India’s defence exports to Ukraine and termed them speculative and misleading.

“We have seen the Reuters report. It is speculative and misleading. It implies violations by India, where none exist and, hence, is inaccurate and mischievous,” the Ministry of External Affairs said in a statement.

 India has a record of adhering to commitments to our Friends and Strategic Partners.

“India has an impeccable track record of compliance with international obligations on the export of military and dual-use items. India has been carrying out its defence exports taking into account its international obligations on non-proliferation and based on its own robust legal and regulatory framework, which includes a holistic assessment of relevant criteria, including end-user obligations and certifications,” the statement reads.

According to a malicious Reuters report on Thursday, the artillery shells sold by Indian defence makers have been diverted to Ukraine,” citing eleven Indian and European government and defence industry officials and customs data.” From were they get such data …only God Knows !!! This transfer of defence exports have been going on for more than a year, according to the report.

Even before a demand from Russia, India has already intervened in the matter. Russia had raised this issue during the July meeting between Indian Foreign Minister S Jaishankar and his Russian counterpart Sergei Lavrov, the report said citing “ three government officials.”!!!!!

According to government data, India’s overall defence exports have reached a record high of ₹21,083 crore in FY24, a growth of 32.5% from ₹15,920 crore in FY23. The defence exports have surged 31 times in the last 10 years. This has actually become an envy for the European and American companies.

Both private sector and Defence Public Sector Undertakings (DPSUs) of India have contributed to the exports. The private sector has contributed 60% whereas the DPSUs have contributed 40%, the government said.

Further, number of export authorisations given to defence exporters have increased in FY24 to 1,507 from 1,414 export authorisations in FY23, according to government data.