Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Platinum Partners Liquid Opportunity Master Fund L.P.
 2. Date of Event Requiring Statement (Month/Day/Year)
12/20/2010		 3. Issuer Name and Ticker or Trading Symbol
INDIA FUND INC [IFN]
(Last)
(First)
(Middle)
152 WEST 57 STREET, 4TH FLOOR, 		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock par value $0.001 4,757,367
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Call Option 12/20/2010 01/21/2011 Common Stock 700,000 $ 20 D  
Put Option 12/20/2010 01/21/2011 Common Stock 7,825,700 $ 50 D  
Put Option 12/20/2010 01/21/2011 Common Stock 540,500 $ 45 D  
Put Option 12/20/2010 01/21/2011 Common Stock 57,500 $ 40 D  
Put Option 12/20/2010 04/15/2011 Common Stock 15,500 $ 40 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Platinum Partners Liquid Opportunity Master Fund L.P.
152 WEST 57 STREET, 4TH FLOOR
NEW YORK, NY 10019		     X    
Platinum Partners Value Arbitrage Fund, LP
152 WEST 57TH STREET
4TH FLOOR
NEW YORK, NY 10019		     X    

Signatures

/s/ OLIVER JIMENEZ, Chief Compliance Officer 01/13/2011
**Signature of Reporting Person Date
/s/ OLIVER JIMENEZ, Chief Compliance Officer 01/13/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Remarks:
This Form 3 is filed jointly by the Reporting Persons.  Each of the Reporting Persons and their officers, partners, members and managers disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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