The Ministry of External Affairs has reportedly issued a statement on the matter where they called the allegations "factually incorrect and misleading".
India has dismissed the allegations made against Centre-backed aerospace and defense company Hindustan Aeronautics Limited in a recent New York Times article where it suggests selling of technology for possible military usage to a agency supplying weapons to Russia.
The Ministry of External Affairs has reportedly issued a statement on the matter where they called the allegations "factually incorrect and misleading".
The NYT article called, "" states, "The Indian state-owned company, Hindustan Aeronautics, is identifiable in public records as a supplier to the Russian military but is not under financial sanctions."
Hindustan Aeronautics Limited did not respond to NYT when this article was published.
ANI has cited sources and quoted a statement reportedly issued by the Ministry of External Affairs where they mentioned that they have read the concerned report published in The New York times while calling it "factually incorrect and 'misleading'.
They said, "It has tried to frame issues and distort facts to suit a political narrative."
Further they wrote, "The Indian entity mentioned in the report has scrupulously followed all international obligations on strategic trade controls and end-user commitments."
"India's robust legal and regulatory framework on strategic trade continues to guide overseas commercial ventures by its companies," it said, urging "reputed media outlets to undertake basic due diligence while publishing such reports, which was overlooked in this case".
According to the NYT article, British aerospace manufacturer HR Smith Group which happens to be one of the biggest corporate donors to the populist Reform U.K. party, led by Nigel Farage, has "sold almost $2 million worth of transmitters, cockpit equipment, antennas and other sensitive technology to a major supplier of Moscow라이브 바카라 blacklisted state weapons agency" via HAL and these rquipments fall under the category that is not supposed to be sold to Russia in the wake of the Ukraine war.
The report claimed, "in some instances the Indian company (i.e., HAL) received equipment from HR Smith and, within days, sent parts to Russia with the same identifying product codes".
They stated, "From 2023 to 2024, the company, part of the British aerospace manufacturer H.R. Smith Group, shipped the equipment to an Indian firm that is the biggest trading partner of the Russian arms agency, Rosoboronexport," further adding, "made 118 shipments of restricted technology to Hindustan Aeronautics in 2023 and 2024. The parts, identified using specific international codes, were sold for almost $2 million."
Reportedly, Rosoboroneexport is one of HAL's biggest trading partners.
The report also stated, "During that period, the Indian firm made at least 13 shipments of the same type of parts to a buyer for Rosoboronexport, which is blacklisted by the British and American authorities. The Russian arms agency paid more than $14 million for the equipment, according to the records."
Mentioning about specifics, the report said, "On Sept. 2, 2023, for example, Techtest sold Hindustan Aeronautics two shipments of restricted equipment, including location transmitters and remote controllers. Nineteen days later, the Indian company sold parts to Russia with matching identification codes."
Even though HR Smith lawyer Nick Watson told NYT that the sales made by them were lawful, the legal experts consulted by NYT said, "depending on what due diligence Techtest carried out, the company may have breached export controls. Some said it was a possible sanctions violation."
The report also stated, "The National Crime Agency, sometimes referred to as Britain라이브 바카라 F.B.I., issued a “red alert” in 2023 warning businesses to watch out for intermediaries that redirect sensitive equipment to Russia."