Hi Ranjith,PMed u his contact details.
I just spoke to him and explained him our requirement. He says that one can import even as individuals by obtaining temporary IE code but that will be for 3 or 4 speakers. It would not sound justifiable for one individual to import 20 - 30 speakers and fine would be higher. Even a company can make one time import by obtaining temp IE code and pay some 5-10K fine and customs of 26.84%. He said he would locate someone who can import for us. In the same breath, he asked if any of us has a company. I can think of only Odyssey who deals with speakers and is one of the participants.
Regards
Rajesh