Google in association with one of the best webhosting service providers - Hostgator and ICICI Bank are offering FREE .in domain, Website and e-mail along with lot of hosted SaaS products from Google Apps to Indian SMEs.

If you are a SME with Real Identity - Income Tax PAN Card Number then you can sign up for the same at http://www.indiagetonline.in

Do share your experience here so that others will also know.