A great article by Arjun Nair of CircleID about Indian Domains. He's predicting that the total number of domains registered by people in India (including .in, .com, etc.) will increase from the current 1.9 million to around 17 million in 2015:
India - The Internet's Next Billion
http://www.circleid.com/members/5821/
India - The Internet's Next Billion
There are close to 100 million internet users in the country today, which is a drastic overhaul compared to the mere 5 million back in 2000. It accounts for 6.8% internet penetration in the country, compared to the saturated US market (71% internet Penetration). It gets even more interesting when we take a look at the growth that this Indian market is set to experience. India's internet population is expected to reach a staggering 237 Million by 2015 at a CAGR of 20%, resulting in 19% internet penetration.
http://www.circleid.com/members/5821/