VOI World/ Desk
EU Targets India-Based Firms is emerging as a key development in the latest round of measures proposed by the European Union against Russia over the Ukraine war.
The European Commission has unveiled its proposed 21st sanctions package, which includes export-control restrictions on around 50 entities outside Russia that Brussels believes may be helping Moscow access restricted goods and technologies. Among the companies listed are firms based in India, alongside entities in China, Türkiye, Kazakhstan, Kyrgyzstan and the United Arab Emirates.
The proposal forms part of a broader effort by the EU to tighten pressure on Russia’s military-industrial network. The package also targets Russian banks, crypto platforms, oil traders, drone manufacturing networks and sanctions-evasion channels that European officials say continue to support Moscow’s war effort.
While the move has attracted attention in India, the sanctions are not yet in force. The package must first receive unanimous approval from all 27 EU member states before it can be formally adopted. Negotiations among EU ambassadors are expected in the coming days.
European officials have not publicly disclosed the names of the India-based entities proposed for inclusion. However, EU foreign policy chief Kaja Kallas said the new package would expand export restrictions on companies located in several third countries that are allegedly linked to Russia’s defence supply chains.
The development comes at a sensitive time for India-EU relations, with both sides simultaneously pursuing deeper economic engagement and ongoing trade negotiations. Analysts say New Delhi is likely to closely examine the legal basis and evidence behind any measures targeting Indian companies.
The EU Targets India-Based Firms proposal marks the latest sign that Western sanctions enforcement is increasingly extending beyond Russia itself to companies and networks operating in third countries.
