Informative presentations and papers from ClubHack 2007- India's premier security event :"ClubHack is one of its kind hackers' convention in India which serves as a meeting place for hackers, security professionals, law enforcement agencies and all other security enthusiasts."
Such localized events are always beneficial from a networking and a relationship building perspective. Something bigger is (always) going one though. You may not be aware that, for instance, Microsoft have been running the Securewars contest in India for a while, seeking to improve the favorability scale and awareness of the company's activities, to later on improve their chances of recruiting the most talented participants.
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