The answer may be 'yes' or 'no'!! It depends entirely on the government . I'm a huge lover of crypto but I have to be pessimistic in this issue because centralized forces have a huge impact on shaping government in India!
Considering the long-term benefits I surely would hold as much as crypto I could get because many countries has legalized it...

Crypto could never be crushed from world because many people had started knowing the huge advantages of it!