The price of bitcoin is around 900 usd in India.
It is just a matter of time when the rise from India spills over to other markets. In fact, the price of bitcoin have been above the other markets for some time (thanks to the cash issues I suppose).
https://localbitcoins.com/country/INPrice might be up in India ... volume isn't yet - click 'Switch to BTC'
https://coin.dance/volume/localbitcoins/INRLooks more like opportunistic sellers marking up the price in the same way that black market 'entrepeneurs' are offering 400 rps for old 500 old rupee notes to save others the hassle of exchanging them (or can't for legal reasons), and then doing it themselves
If volume increases, you may be right, but til then, it does not say much to me.