Useful Information

From

http://www.thehindubusinessline.com/2010/03/13/stories/2010031352990400.htm

‘.in’ registrations have crossed six-lakh mark. Of total registrations (6.1 lakh), as much as 3.8 lakh registrations have been booked in India and 2.3 lakh overseas.

From

http://www.thehindubusinessline.com/2009/12/15/stories/2009121551320400.htm

There are nearly 1.4 million domain names – an identification label that defines a realm of administrative autonomy, authority, or control in the Internet – registered in India. Of this, .COM is around 800,000 and .IN around 500,000.

While there are 35 million Net users, there are only 1.4 million domain names registered from India – translating to 2 per cent as compared to 25 per cent in the US; 17 per cent in Europe; 9 per cent in Latin America and 7 per cent in China. The poor response in India is due to lack of awareness among companies and individuals on owning domain names.

Though  India has a large number of  I.T professionals and software companies, most of them are service providers and this attitude continues with respect to the internet.  While providing services are low risk, they are also difficult to scale without hiring a lot of people.  Developing a money making website is difficult, especially when you are in India and have limited options,  but it finally depends on what your long term goals are.

Many people in India prefer to create content / applications for social networking websites like Facebook, Orkut and Linkedin, but if you create the same content on your own domain name, it opens up many options for you.   A domain name costs very little (.in domains cost less Rs 100 now for the first year) and can create value in the long term.