Major relief: US lifts sanctions on four Indian firms accused of aiding Russia
The four firms had been sanctioned by Washington over their alleged involvement in exports to Russian entities
- Jul 1, 2026,
- Updated Jul 1, 2026 1:07 PM IST
The United States (US) has removed four Indian companies from its sanctions list, reversing restrictions that had been imposed over allegations that they supplied advanced technology and equipment to support Russia's military-industrial base, news agency PTI reported on Wednesday.
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The companies - Hyderabad-based RRG Engineering Technologies Private Limited and Lokesh Machines Limited, Ahmedabad-based Galaxy Bearings, and New Delhi-based Shaurya Aeronautics Private Limited - have been deleted from the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals and Blocked Persons (SDN) List, according to details shared by the US Department of the Treasury on Tuesday.
The four firms had been sanctioned by Washington over their alleged involvement in exports to Russian entities.
Galaxy Bearings Ltd was sanctioned in October 2024 after the US accused it of exporting dozens of high-priority dual-use items, including roller bearings and roller assemblies, to Russian entities.
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Shaurya Aeronautics Private Ltd had been sanctioned for allegedly sending shipments of radar apparatus, radio navigational aid apparatus, radio remote control apparatus, and electrical apparatus to Russia.
RRG Engineering Technologies was accused by the US of sending more than 100 shipments of microelectronics to Arteks Limited Company, a Russia-based entity listed under US sanctions.
Lokesh Machines, meanwhile, had been accused of supplying dozens of shipments of machine tools to various Russian manufacturing companies.
The United States (US) has removed four Indian companies from its sanctions list, reversing restrictions that had been imposed over allegations that they supplied advanced technology and equipment to support Russia's military-industrial base, news agency PTI reported on Wednesday.
Don't Miss: 'Never seen so many tankers': India's Russian crude imports may hit record high in June
The companies - Hyderabad-based RRG Engineering Technologies Private Limited and Lokesh Machines Limited, Ahmedabad-based Galaxy Bearings, and New Delhi-based Shaurya Aeronautics Private Limited - have been deleted from the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals and Blocked Persons (SDN) List, according to details shared by the US Department of the Treasury on Tuesday.
The four firms had been sanctioned by Washington over their alleged involvement in exports to Russian entities.
Galaxy Bearings Ltd was sanctioned in October 2024 after the US accused it of exporting dozens of high-priority dual-use items, including roller bearings and roller assemblies, to Russian entities.
Must Read: 'They do not ever pay’: Book reveals Trump laughed off Vance’s India peacekeeping idea for Ukraine
Shaurya Aeronautics Private Ltd had been sanctioned for allegedly sending shipments of radar apparatus, radio navigational aid apparatus, radio remote control apparatus, and electrical apparatus to Russia.
RRG Engineering Technologies was accused by the US of sending more than 100 shipments of microelectronics to Arteks Limited Company, a Russia-based entity listed under US sanctions.
Lokesh Machines, meanwhile, had been accused of supplying dozens of shipments of machine tools to various Russian manufacturing companies.