Great news!
I was not aware of Unocoin's plans for crypto to fiat conversion through this machine. ...I still doubt it. But if it comes true, this will be the first machine to do this in India.
Otherwise, the credit for installing first Bitcoin Teller Machine in India goes to Digital Assets LLP that installed it in Delhi some 5 months back. But this machine can only convert Fiat to Crypto and not vice-versa. And it works with BTC, BCH & ETH only.
Since Digital Assets said that Unocoin is putting this machine after discussion with them, I assumed that it would also be fiat to crypto only. But who knows, good times are coming!
Fingers crossed
Yes. I am aware of the Delhi machine and my expectations are the same as yours. However, only time will tell if Unocoin will be successful or not.