Nobody for sure knows what is going to happen to Bitcoin future in India.
Indian Govt doesnt own Bitcoin. It cant ban Bitcoin. What Indian Govt can do at max is, make INR to BTC conversions and vice versa illegal. And most probably bitcoin will be banned in India. Otherwise why would India start working on its very own block-chain based crypto-currency Lakshmi. Jio indian gaint has also plans for their own JIO COIN
Indian PM has recently said India is ready for #blockchain in Singapore Fintech Festival, but nothing about cryptocurrency. Exchanges like Zebpay has already shutdown.