According to details released by the United States Department of the Treasury on Tuesday, the four companies removed from the sanctions list are Hyderabad-based RRG Engineering Technologies Private Limited and Lokesh Machines Limited, Ahmedabad-based Galaxy Bearings, and New Delhi-based Shaurya Aeronautics Private Limited.
Galaxy Bearings Ltd had been sanctioned by the United States in October 2024 over allegations that it exported dozens of high-priority dual-use items, including roller bearings and roller assemblies, to Russian entities.
Shaurya Aeronautics Private Limited had faced sanctions after the United States alleged that it supplied shipments of radar apparatus, radio navigational aid apparatus, radio remote control apparatus, and electrical apparatus to Russia.
RRG Engineering Technologies Private Limited had also been sanctioned after the United States accused the company of sending more than 100 shipments of microelectronics to Arteks Limited Company, a Russia-based entity listed under the SDN sanctions programme.
Lokesh Machines Limited had been accused of exporting dozens of shipments of machine tools to various Russian manufacturing companies, leading to its inclusion on the United States sanctions list.
The removal of all four Indian companies from the OFAC Specially Designated Nationals and Blocked Persons List represents a notable development after they had faced allegations of supporting Russia's military-industrial sector through exports of advanced technology and industrial equipment.
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