"Pi" eReader under development for Indian market

OnlyGizmos reports on the possible development of the "Pi" reader for the Indian market. It's apparently under development by, or on behalf of, Infibeam, an eCommerce site.

The article mentions the product as an "Indian Kindle", but since it appears to have nothing to do with Amazon, and Infibeam has just launched eBook sales in ePub and PDF, it's fairly certain that they meant "Indian eReader".

Very little details are available regarding specifications, pricing or availability of the device.