Google Nexus store site (www.google.co.in/nexus/) is now showing additional countries in the list of Nexus Devices supported, including INDIA
Screenshot taken on 12-03-2013 08:56PM IST
Closeup
Access to the Playstore for Devices is not available for Indian visitor, but we can expect that launching in India soon.
One another possibility can be that this option refers to official launching of Nexus 7 tablets (Earlier available in Croma stores) in Indian market.