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Russia has warned that it would stop supplying oil to countries that impose restrictions

India Saves $2.7 Billion Importing Oil From Russia

India is the third-biggest oil importer and consumer in the world. More than 85% of its requirement is dependent on imports, and crude oil makes up about one-third of the country's overall imports by value.
Illustration picture of semiconductor chips

India Partners With Japan To Strengthen Semiconductor Supply Chain

India Electronics and Semiconductor Association and global industry analysis firm Counterpoint Research said earlier this year that the country's current trajectory poses the semiconductor market to rise to $64 billion by 2026. In 2019, it was valued at $22.7 billion.

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