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US OFAC Delists Four Indian Companies Accused of Supplying Russia's Military-Industrial Base

Target:UPSC GS-IIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
01 Jul 2026
~2 min
Source: The Hindu
Key Data:October 20244 Indian companiesSDN ListOFAC
Bodies:OFACUS Treasury Department
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What This Article Covers

1.Four Indian firms accused of supplying dual-use tech to Russia's military-industrial base have been de-listed by OFAC.

2.The companies were sanctioned in 2024 for exporting microelectronics, radar apparatus, machine tools, and roller bearings to Russian entities.

3.The delisting is a strategic move relevant for India-US relations and India's balancing act between Western sanctions and Russian ties.

The Big Picture
Prelims · HighMains · Medium

The US has removed four Indian companies (Galaxy Bearings, Shaurya Aeronautics, RRG Engineering Technologies, Lokesh Machines) from its Russia-related SDN sanctions list. This signals a potential easing of secondary sanctions pressure on India and is significant for India-US trade relations and India's strategic autonomy on defense imports from Russia.

Exam Lens

Quick Exam Facts From News

US Sanctions BodyOFAC (Office of Foreign Assets Control)
List NameSDN List (Specially Designated Nationals and Blocked Persons List)
Indian Companies DelistedGalaxy Bearings Ltd, Shaurya Aeronautics Pvt Ltd, RRG Engineering Technologies, Lokesh Machines
Year of Initial SanctionOctober 2024

1-Minute Revision

  • ›US Sanctions Body: OFAC (Office of Foreign Assets Control)
  • ›List Name: SDN List (Specially Designated Nationals and Blocked Persons List)
  • ›Target this Data: Four Indian companies delisted from OFAC SDN list in July 2026.
  • ›Target this Nodal Body: US Treasury's Office of Foreign Assets Control (OFAC) – the sanctions administering agency.
  • ›Target this Legal Point: SDN List under US sanctions regime – assets blocked, US persons prohibited from dealing.

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Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which US government agency administers and enforces the sanctions list (SDN) from which the four Indian companies were removed?

Q2Statement-basedHard

Consider the following statements regarding the delisting of Indian companies from US sanctions:

1. The four Indian companies were removed from OFAC's SDN List.

2. The companies were originally sanctioned for exporting dual-use items to Russian entities.

3. The delisting was announced by the US President directly.

Which of the statements given above is/are correct?

Q3Data-centricEasy

In which year were the Indian companies initially sanctioned by the US for alleged exports to Russia?

Q4Application/ImpactMedium

What is the primary geopolitical significance of the US delisting these four Indian companies?

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