Last year i.e. 2011, SIT India was organized in two cities Bangalore and Kolkata on 3rd Dec. Many SAP Mentors and SCN members were involved with Dipankar leading at Kolkata and Somnath in Bangalore.You may visit the wiki for further details:
There's also a group on facebook for SIT India. You may join that group to pour out your ideas and also to remain aware of recent updates. However, these events gets announced in SCN.
P.S - I hope I did not inform you something you already knew.
A couple of SAP Inside Tracks are happening in the next days:
Main Wiki page:
Hope you can join, as I don't see you on the participant's list yet.
They are webcasting the event, so people can join remotely too.
Links on the wiki page.
Wishing you all organizers and participants good luck, looks like these are some great events, Mark.