FWIW, T Antony has identified a Peerless 12 inch sub driver, which is available locally-either from Jeetubhai or Sumit Khanna in Delhi for around 2800. It can be combined with a 3 cft sealed or ported alignment, and if anyone can lay their hands on a suitable a plate amp , can easily do a good sub for well under 15K, which will kick ass. While it wont equal a high end DIY sub using drivers like a Dayton or Shiva which cost $200-250 + shipping, it is a good entry point for anyone wanting to enter DIY on a budget. In case anyone wants to get enclosure details, please PM me with your personal email id, I will mail you diagrams of enclosure, baffle and sheet cutting, using 3/4 inch MDF.