I think Bitcoin has a great future in India. Although there is some regulatory issues going on currently for Bitcoin but I think it will be solved pretty soon. As the government knows that fighting against Bitcoin is a fight they are going to lose. Also India has a huge population with majority of them being young.
it is true that every country will slowly start receiving bitcoin because of course if it does not accept it will be as lagging with other developed countries and the thought of young Indians certainly also proposes to continue legalizing bitcoin