Try, for instance, types "South Asian studies" in a conference alerter and you will get alerts about conferences on technology, IT, cinema, etc. etc.
The same applies to "Oriental Studies". Apart from Said's (sound, at least in part) criticisms, "Orientalism" had a cultural connotation, which is (entirely or partly) lacking in "Asian studies".
In sum: I am not entirely against Indology and Oriental Studies. I think these labels just cannot be used for historical reasons (they are no longer politically correct and hurt other people's sensibilities). On the contrary, I am frankly against "South Asian studies", because I do not believe geography is a sensible reason to draw a boundary and build a label.
Of course, one might reply that areal studies have a meaning, insofar as they enable experts of different aspects of a given culture to cooperate. A colleague of mine here in Oxford pointed out the fact that her work on classical Arabian literature has been enhanced by colleagues working on Arabic philosophy and law.
- 1. I think this tends to be the case when the link is not purely geographical (as in the case of the Arabic world, which shares the same language and the same religion and not just the same area);
- 2. Working together with people who focus on Arabic law might be useful, but would not it be even more useful to work with people who focus on literary theories?