I would think Indias demonetisation of large banknotes would also encourage distrust of the Indian rupee currency and banking system. Will they turn to Bitcoin though?? That is a big stretch.
They still have the monetary and fiscal tools to temporarily fix that, and hopefully, it won't be as bad as Venezuela. But the problem is there[1][2].
Bitcoin would be a good alternate currency but the whole fiat system is too powerful. If it ever changes, it will take a lot of time.