The Hindu reported that IBM is in pact with C-DAT, IIT Bombay <quote> Chennai: The Centre for Development of Advance Computing (C-DAT), IIT Bombay and IBM India signed a co-operation agreement to institute an open source software resource centre. With an investment of over Rs. 5 crores, the centre will mark the beginning of a series of inititatives to develop OSS activities in India. </quote>
Open source is an open process, and probably we would know more the initiatives soon.