India getting their own crypto exchange site

This is what I found:

BitIndia: A wallet and a crypto exchange for the streets of India. BitIndia is the most convienent and secure way to buy,sell and secure cryptocurrencies in India.As Bitcoin and other cryptocurrencies are expanding throught the world, India is the next largest crypto market. The country with a population of over 1.3 billion people, a Gross Domestic Product of more than $10 trillion, daily bank transactions of nearly $50 Billion has the highest amount of daily banking charges of around $5 Billion. Due to the high banking rates prevailing in the country, people are moving towards digital currencies such as bitcoin,ethereum and ripple which are purely decentralised and do not involve any third party institutions saving nearly $4 Billion a day.
BitIndia would add huge diversity to the existing banking system prevailing in the country.

The BitIndia Wallet helps the users to buy and sell Bitcoin, Ethereum and Ripple with the help of the local currency. The Bitindia Exchange would help the users to easily trade cryptocurrencies in the most secure and fastest platform ever designed. BitIndia has a team of the most experienced blockchain developers that are currently availble in the country and has the potential to develop the biggest cryptocurrency exchange in the world. BitIndia has completed its development for the BitIndia wallet and will be launching the largest cryptocurrency exchange in the world: BitIndia by the end of 2017. BitIndia Tokens will be traded against bitcoin and other cryptocurrencies as well as fiat currencies in BitIndia and other exchanges throughout the world.

The BitIndia Pre Ico is launching on 1st September 2017.