Roundabout is a channelized intersection where traffic moves around a central island, clockwise for leftside driving and anti-clockwise for right-side driving. Efficiently designed roundabouts can handle traffic very smoothly without causing any delay. The capacity of roundabouts used to be calculated by the weaving theory in India. However, calculation of the entry capacity in the recent literature is based on critical gaps and follow-up times, and the Highway Capacity Manual of US (HCM 2010) provides an equation to estimate the entry capacity of a roundabout by using the flow in passenger car unit per hour (PCU/h), critical gaps and follow-up times at the entry section. In order to examine whether the HCM equation applies to Indian traffic condition or not, we collected data from five roundabouts in India in this study. Relevant data were extracted/estimated to calibrate parameters of the HCM equation. The PCU for a vehicle was estimated on the basis of lagging headway and width of the vehicle, and the critical gap value for a vehicle was estimated by minimizing the sum of absolute difference in a gap with respect to the highest rejected and accepted gaps. Results show that the critical gap values obtained under heterogeneous traffic conditions are much lower than those given in the literature for homogeneous traffic conditions. In addition, the modified HCM equation based on the critical gap values was verified using the field data taken during the formation of a continuous and stable queue at the entry of a roundabout. It was found that a multiplicative adjustment factor needs to be calculated for different sizes of roundabouts to ensure the adjusted HCM equation represents well the traffic condition prevailing in developing countries like India. A test conducted at another roundabout validated that the entry capacity estimated from the calibrated and adjusted HCM model was consistent with the field entry capacity, and the calibrated and adjusted HCM model could predict the entry capacity of an approach to a roundabout quite accurately.