The Macroeconomics team of PricewaterhouseCoopers is predicting that India will win 10 medals in the Athens Olympics.
The Indians managed only one bronze medal in the previous edition at Sydney, but the analysis, which takes into account factors like population, average income levels, whether the country is the host nation and whether it was previously a part of the Soviet Bloc, predicts an unprecedented haul for the country.[Rediff]
Note that the study does not take into account the number of medals India has won in the previous Olympics. Also it does not take into account of the fact that India did not send troops to Iraq.