Ok guys, so I registered this domain EMD.in, its 2 words and got an exact match of 160,000 request per month.

Im thinking of building a website for it but I would like to be sure the ".in" will not fuck it all up.

EMD's do not carry any value anymore, and certainly not with an .in extension. You'd be better off with a .com/.net/.org but I assume that those were already taken. Your best bet would be to register a domain that is somewhat related to your emd keyword, but with a .com extension

Like guy said above me, forget abut EMD's thats not even relavent anymore.
Its all about your site content, and i wouldnt recommend starting any site with .in extension.
Ask yourself have you ever even seen a .in extension on first page of google? Cause i havnt.

check how many local searches in india for that keyword. If its more than 50k, its worth something...

i am glad you guys don't like emds anymore- more for me just finished ranking one for one keyword- 40500 searches and with big bois in top 10