Considering how many scammers and shady projects had their roots in India I would be happy if their government bans cryptocurrencies at all. Most part of Indian crypto community is just a bunch of rednecks (there is a word that describes Indian ones but I forgot it) whose only activity is looking for different airdrops and clicking on faucets.  Amount of their transactions is incredibly slow comparing it to the other countries, so most people don't really give a shit about what is happening there.