So BIP 148 would be activated on August 1 and with Bitmain's latest announcement,
https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/, the chances of a chain split is high.
Some of the prominent companies like Bitfury, Trezor, Electrum, Mycelium etc have expressed their support for UASF,
http://www.uasf.co/What does the Indian exchanges think about this? Are they in favor of BIP 148?
This is Zebpay's position on UASF,
https://blog.zebpay.com/zebpay-users-and-uasf-dadf93e5ca3bIn the event of a chain split, Zebpay is technically equipped to handle it as well as any other exchange. We will act the way other bitcoin exchanges act, in the best interest of our users.
We have started working on supporting alt coins (that is, other crypto currencies besides bitcoin or different versions of bitcoin). So if required and if technically feasible, we will be able to support both versions of bitcoin in future.
We may provide support for:
1. both the versions,
2. the bitcoin which is more safe and stable, or
3. the bitcoin that becomes more popular globally.