I am from India and with reference to this post i would like to put my points as follows:-
(1) The recent demonetization in India has really made heavy demand of BTC in India and in some cities like Bangalore some retail shops have started accepting BTC.
(2) In India BTC may not be a regulated currency, yet not illegal either.
(3) In comings day BTC will get more popularity in India, not only because of the own popularity of BTC but also because of heavy population which otherwise become a raw material in terms of supply/demand for BTC
(4) @broncnutz has rightly pointed the good aspects of BTC here.
Thanks
Good reply!
Thank you sir