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The question should be, which VPS provider suits my requirements
You need to be clear of what you need first. WIth that being said, you can look at Hostgator India's plans. They arent really cheap but definitely a brand that will give you the value for your money.
The best VPS providers are: QHoster.com and Libertyvps.net.
I’m very happy with their turnaround time and support. Other things that I like about them are these:
Amazing up time
Cheap price, yet quality hosting
Fast server speed
One click script installing
Lots of other features.