I guess if you include dialup connections in the average? The page load seemed pretty much instantaneous to me on a standard 2Mbps Tata Indicom connection. At worst, I believe the average broadband connection these days would be 512 Kbps, and "more than ten minutes" is still too much of a stretch.

Edit: Akamai reports that the average Internet speed in India is 0.9 Mbps: http://www.businesswireindia.com/PressRelease.asp?b2mid=3042....