Silicon Graphics has anticipated a 30% loss in business from India due to the imposition of economic sanctions. The firm will not be able to conclude sales worth over $4.75m made to Indian defense and research organizations because of a US commerce department stipulation barring sales of computers containing over four processors or 20 million theoretical operations per second. Most of our computers are in this category and our business will be hit by the sanctions, said a top SGI executive. The firm sold machines worth $18.5m in the financial year ending March 1998. It also anticipates losing out on the server market that is expected to boom with the opening up of internet services. There is estimated to be a potential market worth $35.7m from the ISPs once internet services are privatized in India.
