India

US Sanctions 19 Indian Firms, 2 Indians For Allegedly ‘Aiding’ Russia In Ukraine War

By
OB Bureau

Washington: In what is unlikely to be music to New Delhi’s ears, the United States has put 19 private firms from India and two Indian nationals on a list of “nearly 400 entities and individuals” from about a dozen countries that will face sanctions for their alleged role in aiding Russia’s war efforts in Ukraine.

The list was released by the US Treasury and State departments.

While US Department of State sanctioned more than 120 individuals and entities, Department of the Treasury added over 270 others to the list this week.

“The United States is imposing sanctions on nearly 400 entities and individuals for enabling Russia’s illegal war against Ukraine. This action targets multiple sectors essential to Russia’s war effort,” said a press statement from US Secretary of State Antony Blinken.

The US administration’s decision is aimed to curtail sale of various items and “other important dual-use goods” including critical components that the Russian weapons system relies on for the war against Ukraine, which it started in February 2022.

New Delhi’s response is awaited at a time when ties between India and the US have been strained following an assassination plot against Sikh separatist leader Gurpatwant Singh Pannun on US soil, with Washington charging former Indian intelligence officer Vikash Yadav with directing the foiled attack.

Sanctioned Entities

Indian nationals Vivek Kumar Mishra and Sudhir Kumar have been sanctioned, along with their companies.

Delhi-based aircraft spare parts company Ascend Aviation India is on the list for shipping CHPL items to Russia, including US-origin aircraft parts.

Futrevo was sanctioned as it has been accused of involvement in supply of high-priority items to the Russia-based manufacturer of Orlan drones.

Shreya Life Sciences Private Limited has been sanctioned for allegedly sending hundreds of shipments of US-trademarked technology to Russia since 2023 — amounting to tens of millions of dollars.

US has alleged several Indian companies have been shipping dual-use items to Russia, including Abhar Technologies and Services Private Limited which sent high-priority dual-use technology — including electronic integrated circuits — to Russian end-users.

Emsystech has been sanctioned for allegedly sending over 800 shipments — including electronic integrated circuits and tantalum capacitors — to Russia-based end-users, while Galaxy Bearings Ltd and Orbit Fintrade LLP exported high-priority dual-use equipment to Russia, including roller bearings and roller assemblies.

Innovio Ventures has allegedly sent over 200 shipments — of items including electronic integrated circuits and multilayer ceramic capacitors — to Russia-based end-users since May 2022.

OB Bureau

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