The United States recently announced sanctions against 19 Indian companies and individuals, accusing them of sending goods and parts to Russia that allegedly help its military. This move is part of a larger push by the U.S. to stop countries from selling supplies that Russia might use in its war with Ukraine. Alongside the Indian companies, hundreds of other firms from different countries are also facing sanctions.
In its announcement, the U.S. State Department named two major Indian firms, Ascend Aviation and Mask Trans, which allegedly provided aircraft parts to Russia. The twist? Ascend Aviation is said to have supplied some parts made in the U.S., sparking additional scrutiny. Not only were these companies sanctioned, but their directors were too. In addition to these two, other Indian companies like TSMD Global and Futrevo were accused of supporting Russia’s technology industry.
The U.S. Treasury Department also stepped in, adding sanctions to 14 Indian companies for su...
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