I was asked this question on QUORA by someone. Below was my response.
The future of any industry to a large extent depends upon how the government promotes it and how fast they bring laws, regulations and create the right eco-system for any industry to flourish.
But the private sector can still use the technology to improve the way business transactions are carried out.
Also there would be ample job opportunities for techies in this space.
upvoting for the idea & topic, but next time it would be great if you can spend more time on delivering more content. Blockchain in India could be such a rich topic content wise!