I'm indian american, and honestly don't have many indian or indian american friends (just never found many in the social circles I like). But I have a few fun stories:
1) Someone in another group hired some fresh-out-grad-school Indians, and a few months ago I was bored and googled their names. One of them was asking for code for some algorithm on a java forum. I didn't care much about it, I was more impressed that the guy used his full name on the forum. I realized though that indians have a bigger problem with not fully sharing the problem they're trying to solve, and just come off as asking for random things instead.
2) I had to work with a big name customer who hired two foreign university kids trying to leverage an API I wrote. On a call they demanded source code for everything the API supplied in order to write their app (they didn't need it all), and constantly emailed me about questions reading a industry-wide spec would've answered. Luckily they eventually stopped working there and my email got a lot easier.
3) I tried to hire a contractor recently, and after struggling with agencies, I decided to give craigslist a try. I'm going to write a blog post about this one day, but basically 75% of the names I received were of south asian descent. Nothing wrong with that, I read every one of those emails. The problem is that of that 75%, half of those were outsourcing "$9 / hour" agencies, and a good portion of the other half didn't have experience relevant to the position.
Big lesson learned with 3. As an indian american, I gotta really step up my networking skills in order to find other positions. If I want to apply for a position over the internet, I ABSOLUTELY must do things to stand out from the piles of emails. I already take time to write personalized cover letters, but have to have a non-standard title to stick out, and have some internet presence for them to feel comfortable with me.
Make no racial generalizations though. I've met indian folks out there that are truly amazing geeks, and can comfortably talk to you about lisp / clojure / rethinkdb / etc. I last met one in an IRS office of all places.