4 desi cos escape US heat over Russian military help | TheBriefWire
4 desi cos escape US heat over Russian military help
Published 1 July 2026 ยท india
Synopsis In a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused of supplying critical technology
Synopsis 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.
Published: July 1, 2026 โข 12:45 PM IST ยท Updated: July 1, 2026 โข 4:39 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis 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.