BTCXIndia and ETHEXIndia have informed all thier customers that they are stopping all trade activities after the government discouraged cyptro.
BTCXIndia and ETHEXIndias websites both currently display a message to customers informing them that any deposits received after Jan.1 will automatically be sent back to the investors bank account. ETHEXIndia customers are told they had until Feb. 28 to withdraw their funds in rupees or Ethereum (ETH), and that trading will halt today, March 1, 2018.
It looks like the government will try to replace it with their own crypto. That doesn't look good but honestly, india is not included in the bitcoin house and that doesn't give a lot of impact on the market. But there are some exchange sites are still active. But i can say about they will try to follow that.
The majority traders india will be looking for another way to trade.