As in other ccTLD domains, some hot keyword+.IN can be profitable. However, .IN has a long way to go to achieve blossom, since there are many existing deficiencies in Indian socio-economic conditions for a possible economy booming and advanced industrious development.
At present, .IN has no ways to compete with .CO.UK, .DE and some other ccTLD domains in the total market performance. India, like every other nation, has something unique that can be created as precious domain gems, if you know what they are, that are important and special for India. However, many foreigners don't know or don't care about this essence of .IN domains, and just register as many .IN domains as they consider them profitable, with outsiders' ignorant speculations and or with westerners' idealistic expectations.
Domain names are primarily interacting with economy, domestically and internationally. In the world economy system, generally, advanced economies' domain names are more valuable and more profitable than non-advanced economies' domain names. At present, unfortunately, India is not an advanced economy.
For most average-word .IN domains, at present, the more you buy, the more disappointment you own.
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