They will progress far ahead of India.
India trying to ban Bitcoin will look like fools soon under the current BJP rule.
Bitcoin is going to be the key for many new business and blockchain anyways being used by many big organizations. I think country which accepts and make it count will move much ahead then their previous years. And those who still unsure or ban might have to suffer in their economic GDP too. As many new businesses and entrepreneurs could be born related to crypto business itself and just add value to country.