Amazon has launched a Kindle Store specifically for India where books can be bought in rupees. While this looks interesting with works by a number of Indian authors also being made available, what is just as exciting is that Indians can finally get their hands on a Kindle without having to import it themselves. Amazon has tied up with Tata's Croma to offer the Kindle for Rs. 6999. While there is no official mention of which model this is, from the looks of it, this appears to be the no-ads (or in Amazon speak, "special offers") wifi-only version which retails for USD 109 (~Rs. 6100) in the US. Ergo, the jump in price is quite acceptable. Croma offers free shipping and EMI support as well.
FWIW, junglee.com (Amazon's Indian initiative) which used to sport a ~Rs. 9000 price tag for the no-ads model has now been updated to include the Croma price-point. While the Kindle + ads is available at a slightly cheaper price on grabmore.in and eBay, the hassle is simply no longer worth it :)