This article is outdated, dated 2013

List of the cheapest Indian Dedicated server, VPS and shared hosting offers. I believe this is the biggest summarized list on the internet 6 hours work

Indian dedicated server hosting

http://www.ricohidc.com/services/dedicated-server-hosting.html - XeonE3,8GB,$150
http://leapswitch.com/pune-india/dedicated-servers/ - XeonE3,8GB,$165
http://www.esds.co.in/dedicated-servers-hosting-india.php - Dual core,4GB;$100
http://www.host.co.in/dedicated-servers-hosting-india.php - Dual core,4GB;$100
http://www.megahostzone.com/dedicated-server-india.php?currency=usd - DualCore,4GB,$82(DMCAcomply,suspend)
http://www.webwerks.in - DualCore, 4GB,$160
http://www.go4hosting.com/server-plans.htm# - DualCore, 2GB,$50 !!
https://www.microhost.com/dedicated-servers - DualCore, 2GB,$125
https://www.ctrls.com/value-hosting-servers.php - Xeon4core,2GB from $180

Indian Shared Hosting

http://leapswitch.com/pune-india/shared-web-hosting/linux.php - Shared,1.5GB,$2monthly
https://www.netspaceindia.com - Shared,2GB,$2 monthly
http://www.host.co.in/cpanel-shared-web-hosting.php - Shared,250mb,$20year

Indian Reseller hosting
http://leapswitch.com/pune-india/reseller-web-hosting/linux.php - 5GB,$7.5
http://www.microhosting.in/reseller-hosting/linux-reseller-hosting - Reseller,25GB,Cpanel$12
http://www.host.co.in/linux-reseller-web-hosting.php - Reseller,20GBCpanel$15month
http://www.hostdime.in/reseller-hosting/ - Reseller,50GBCpanel$15month
http://www.net4.in/ ($10 reseller hosting?)
http://domains.bharat.in/ - shared plans$8 + reseller$50
http://hosting.suryanandan.net/reseller-hosting.php - reseller$23(whm+whmcs);VPS$18
https://www.netspaceindia.com - 10GB,$10

Indian VPS

http://leapswitch.com/pune-india/unmanaged-vps-hosting/linux.php - 512MB-VPS-$10
http://www.microhosting.in/vps-hosting - 376MB-VPS-$12
http://www.host.co.in/vlite-vps-hosting.php - 718MB-VPS-$15month
http://tws.trijit.in/vps-hosting/linux-vps-hosting - 512MB-VPS-$17
http://www.go4hosting.net/linux-vps-plans.htm - 512MB-VPS-$18
https://www.ctrls.com/linux-vps.php - 512MBVPS-$30
http://www.micronetvps.com/india_vps_plans.php - $8VPS(site looks outdated)
http://www.hostdime.in/managed-vps-hosting/ - VPS$25 + $8cpanel
http://www.vr.org/buy-vps/#asiain - $10VPS?
http://www.bitrawebhosting.com/html/linux-vps-hosting.htm - unsure if india
http://t-rex.net.in/hosting.html (site dont looks reliable! bugs in links, noreviews)
https://www.netspaceindia.com - 1GB RAM-$20

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Do you know any other Indian hosting services with similar or lower price?