US Removes Four Indian Companies from Russia Sanctions List

By Mahima Katal

Washington, July 1: The United States has removed four Indian companies from its Russia-related sanctions list, reversing restrictions that had been imposed over allegations of supplying technology and equipment linked to Russia's military-industrial sector.

According to the US Department of the Treasury, the companies have been deleted from the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals and Blocked Persons (SDN) List.

The four companies are RRG Engineering Technologies Pvt. Ltd. and Lokesh Machines Ltd. of Hyderabad, Galaxy Bearings of Ahmedabad, and Shaurya Aeronautics Pvt. Ltd. of New Delhi.

The firms had been sanctioned over alleged exports of dual-use technology and industrial equipment to Russian entities. Galaxy Bearings was designated in October 2024 over accusations that it exported roller bearings and related assemblies to Russia.

Shaurya Aeronautics was accused of supplying radar systems, radio navigation equipment, remote control apparatus, and other electrical equipment to Russian entities.

RRG Engineering Technologies had been accused of shipping more than 100 consignments of microelectronics to Russia-based Arteks Limited Company, which was under US sanctions. Lokesh Machines was alleged to have exported machine tools to several Russian manufacturing firms.

The US Treasury did not immediately provide a reason for removing the companies from the sanctions list.