(Hat tip Fr. Ron R) As rumored it's the Bombay native Archbishop Gracias of Agra ... Here's the story from the Indian Catholic. The official press release from the Archdiocese. Archbishop Gracias' page at Catholic Hierarchy.
NOMINA DELL’ARCIVESCOVO DI BOMBAY (INDIA)
Il Santo Padre ha nominato Arcivescovo di Bombay (India) S.E. Mons. Oswald Gracias, finora Arcivescovo di Agra (India).
Saturday, October 14, 2006
New Archbishop for Bombay
From the daily bulletin of the press office of the Holy See: