In a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused of supplying critical technology to Russia's military, have now been delisted by the Office of Foreign Assets Control. The firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya Aeronautics, marking a shift in US-Russia-India economic relations.

US Treasury clears four Indian entities, removes them from sanctions list | India News

The US has revoked sanctions on four Indian companies, initially imposed in 2024 for allegedly supporting Russia's military-industrial base, as part of its latest policy revision.

The US has removed four Indian companies from its sanctions list for alleged involvement in supplying technology to Russia.