Also, the great firewall of China, and their Internet Content Provider license (which can only be obtained by Chinese companies) make it nearly impossible for foreign companies to compete in the Chinese market. Even foreign sites which aren't blocked in China are frequently a lot flakier due to the firewall, and they can't put servers inside the firewall without an ICP license. The usual way around this is to partner with a Chinese company, but frequently the Chinese company will wind up cloning your service and becoming a competitor.

The Chinese market is stacked against foreign competition; I don't think that the Indian market is likewise restricted.