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SGI INDIA SEES SILVER LINING ON THE HORIZON (as the US withdraws sanctions imposed against Indian companies in May 1998).

India Business Insight

| March 27, 2002 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

SGI India, a subsidiary of Silicon Graphics Inc (SGI), has said that it expects its business operations to return to normal in early 2003. The company's operations had been severely hit by the US Government's decision to impose sanctions against Indian companies in May 1998, following India's nuclear tests. The company has said that it lost 18-20 percent of …

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