There are some excellent ideas here.
First, a coin dedicated to the Indian market is a huge opportunity. I don't know enough about different cryptos to know if there are other coins targeting India (I'd be surprised if there aren't already people trying this) but India's bureaucracy is heavy. This may be an area ripe for the kind of decentralization cryptos bring.
True, India has a masive potential to adopt crypto currency. There have been some attempts to start a coin for India, but all failed in getting approval to be tradable against existing currency. We are going about this differently. We airdrop tokens that people can chose to use as currency. We are not selling them. That's also why we incentivize people setting up their own nodes, so we can build a strong and decentralized network as infrastructure.
Second, airdroping via SMS is a great idea. There are actually a lot of charities that seek to bring mobile technology (e.g. via mesh networks) to poor and rural areas of India, because many consider mobile technology to be the key to unlocking the potential of these areas, especially when telecom is already huge in urban India. Any opportunity to interface with the coin via SMS will make it accessible to Indians and tie it to the existing projects that want to use phones to empower rural India.
You are right again here. India has a great need for accessible currency and the best way to do this is by mobile phones (over 90% penetration).
Any idea when you might be providing more detail? Are we talking days? Weeks?
Well, we have been busy last week with many things, but you can expect way more in-depth information within weeks.