@nanzo-scoop - it is true that most of India is yet to wake up to cryptocurrency, but in the past 2 months bitcoin is getting a lot of attention in Financial news channels, and in general more and more people are getting into it.. There aren't enough bitcoin exchanges in India and BTC prices in India are also at a 12-15% premium when purchasing from there..

PS: On an off-note, India's the second most populated nation, not the first - that title goes to China (though in another 10 years India is going to wrest that title - not something to be proud of anyway) :)