Initially Indian government came up with a statement stating use of Bitcoin is illegal in India since it is not governed by India's central bank RBI. But after a lot of criticism from public they decided to take public's opinion on this matter. According to one of the country's app based bitcoin exchange company they are adding 2,500 users per day. So, now the government is planning to have some kind of regulations on crytptocurrencies. In my opinion it shouldn't be under any regulations since the fundamental of cryptos is its de-centralized system.