Here is a list of incubators in India, re-ordered according to NEWS zones.
x] IIT Bombay
x] SP Jain Institute
x] IIM Ahmedabad
x] Nirma Labs
x] Entreprenership Dev.Inst.of India-Ahmedabad
x] Center for Innovation, Incubation and Entrepreneurship (CIIE), IIM-A
x] K.J. Somaiya Institute, Mumbai
x] Mudra Institute of Communications, Ahmedabad (MICA)
Hari has a list of incubation centres in India.
Leave a comment if you find any broken links and if you know any INcubators and angel investors in INdia.