Yes... slowly, but silently India is catching up the BitCoin fever.
Bitcoin Exchange India is under development

Yes but they are pretty advanced at phoning people up and trying to get them access to your computer...they tried it with me the other day! "I'm from the Microsoft Service Center.....You have Malware installed I need you to check your Id number....." They then log in to your PC and try and install a file.... MSC DON'T call people.