Ascetic Acid

Meaning: Mind altering substances used by sadhus
Pronunciation: Self explanatory.
Usage: Come Kumbh Mela or Shivratri, the demand for ascetic acid skyrockets.
Root: Ascetic (a hermit) + Acid (Slang for hallucinogens).

Trikalyatri

Meaning: Time traveler.
Pronunciation: Three-kaal-ya-three.
Usage: Trikalyatris are not a figment of our fertile imagination. For all you know, they may be the faceless crowd we never bother to see.
Root: Trikal (Hindi for past, present and future) + Yatri (Hindi for traveler).

Andhraoid

Meaning: An alien (from Andhra) working or living in Telengana.
Pronunciation: Aan-dhroid.
Usage: The leaders of the Telengana movement are clear that they wish to treat Andhraoids as second class citizens.
Root: Andhra (short form for Andhra Pradesh, a state in Southern India)+ -oid (suffix meaning 'resembling').