Ripple's aim is to provide blockchain into banking industry in the world so India's banks are one of the big companies and countries who are partnering Ripple because it is one of the most reliable blockchain in the market.
Ripple XRP is fast and faster than Ethereum, NEO and other Top Altcoins in the market today so companies and banks will face less issues on Ripple than other top altcoins today.
The reason it's faster than other top altcoins is that it's somewhat centralized and that's the point many posts above has explained, and yes, how do people consider this is a good signal.