Nice review article on local language trends in India!!

[drbiohealth]

MSN, Yahoo Go Local in India
Rupees Clinking
Smart companies like Google, Microsoft, Rediff, and Sify can hear the sound of cash, even if it’s in the future. Convert some of the educated Hindi-speaking millions into Internet and e-commerce users, and you get about half of Europe’s population.

http://www.redherring.com/Article.aspx?a=18984&hed=MSN,+Yahoo+Go+Local+in+India

It would be interesting to see how type-ins shape up on Hindi domains with the introduction of IE7 which supports IDNs. In India, I guess almost 98% computers have IE 6 or lower versions that do not support IDNs.