In now days bitcoin grow ina faster rate in india. Many teenager, adult and middle class people involved in it. In India 1bitcoin is equals to 376488 rupees. According to a current scenario it is good price of bitcoin. Most of india used zebpay app as bitcoin wallet. According to zebpay predation 500k new user will be join monthly in 2018. Indian government declared bitcoin as a legal. So their is nothing to worry about bitcoin investment. Bitcoin become an financial back bone of many Indian family.
Are you sure that Indian government have declared bitcoin as a legal. because as much i know still their is no details about bitcoin status in India. Because if Indian government have declared Bitcoin as legal then you cannot think that how fast the progress will be their in India as all merchants can accept bitcoin and other coins as payment system, just like Japan.
Apart from China, India is the country with the most people dealing in bitcoin and other cryptocurrencies in the world, and it's really not surprising considering the number of people living in absolute poverty there and we all know that people living in poverty are always attracted to the prospect of making money all the time.
Being a long-term resident of India, I am pleasantly surprised by your statement. Even then, I would say that the Bitcoin trade volumes in India and the user-base is quite small and not really comparable to those in countries such as China and Russia. I really doubt whether India would rank among the top 10 countries, in terms of Bitcoin trade volumes.
I think you are wrong because as much i know India will be in the top 10 countries in terms of Bitcoin trade Volumes and even you can see the price difference in international market and Indian market, here the price is 10% to 20% high then in international market.