Anybody knows any good web hosts who give good deals to resellers in India?

Namaste murlidar,
Well depends on how you wanna resell. You can get one bulk account and make liltte plans of your own. You can resell already existing plans. You could also, just resell and not provide support. There are a lot of combos. I suggest you take a look at recaller.com Its an excellent reseller resource.

Actually, that's http://www.recellar.com :)

oops.. :o