There was (or may be is) a craze for .com domains, now there is a craze for .in domain names
I myself purchased couple of .in domains for my company (Now I feel that why I wasted my 2,000 Rs. )
But many people buy the domains to make money….they buy the good names and then sell it at high rates…and some even buy for SEO purpose….
Whatever the purpose it..Indian Registry is making good money out of it that’s for sure 😀
Yes many people who have lost in the .com or .net get there company names at .in
.in domain name also helps in SEO at some point. Also .in domain name gives a quick idea about the company being based in India.