I feel like i was livin under a rock. Didnt knew there are good companies in India. I knew about Red Hat though. I will join the other communities like barcamp suggested below too.
Is there any google group or irc for people working in product dev and good service companies?
I don't know about service companies -- but you can look up irc channels where fedora-india people hang out, it has quite a few Red Hat people in there. There also is the fedora-india mail list that you can join and take part in the Fedora Students Contributing program to pick up jobs to do.
Red Hat does have an office in Pune, you know that -- right?