I doubt anybody would contradict me if I said that .in is still a speculative venture. There are great domainers who have decided to opt out of investing in .in right now. Personally, though, I think that, sooner or later it's inevitable that India will overtake many other English-speaking economies; and that means a bigger online presence--complete with English-language domains. Elsewhere on DNForum I quoted some statistics on India (look up w4w.in, w4m.in, m4w.in or else the wikipedia article if you're interested). Basically, do you know what the ratio of English speakers in America is compared to those in India? It's 2 to 1. That means that India has more English speakers than the UK, or Canada, or Australia--which makes sense given India's huge population and history as a British colony. And it's not as if India isn't developing! Probably 1 in 4 students in the Electrical Engineering or Computer Science department at my university were from India. And the professors too. To me all this sounds like a recipe for future online growth and domain investment. Over a billion people ... Whose educated class speaks fluent English ... With Indian newspapers published in English ... Where other economies are outsourcing their computer and tech work ... It stands to reason that Indians will be searching the internet for cars, doctors, jet skis, funeral homes, interior decorators, you name it. And there is only one Jobs.in to be divided between a billion plus people. Supply and demand ...
That's my opinion, of course.