I hope that will give a better gateway for indian to join in the crypto. Zebpay is the only exchange site in indian in the past but it seems like the real expansion by binance will bring something big for sure. It looks like there will be more expansion to the countries that announced the ban for crypto. A few steps after binance created binance US and then binance was also acquiring india's trading site.
It looks like binance is targetting the restricted countries for crypto.
Will there another expansion to the restricted countries just like rusia? We will see that. This is a very interesting thing to see how binance was very optimistic.
It can be possible, depends on the terms that they have. If both sides agreed, it would be possible enough to be expanded in Russia too. We won't know unless we try.
Other restricted countries such as Pakistan and Iran can or cannot be targeted for expansion. Who knows? Maybe in the right time, these countries would finally open their minds about Bitcoin and the crypto market thinking that it's not a serious threat to their financial system.
As for India, this is a huge "baby step" development for them in the crypto market.