I did not find official announcement from Indian government for this news, i think this is only FUD that want to dump the crypto and they will buy it in cheaper price. I look now many people easy to create FUD to dump crypto. I think India will not ban crypto trading because the crypto community there is big and many people use crypto trading as way to make money for living.
I am sure the guy dreamed about it and the assumed his dreams will come to past. All he said was a day will come, which means it is still all speculations and imaginations of what he expects the Indian government to end up doing. Unfortunately for him, I am sure this is a day that won't come and how he wants to stay in his closet wallowing in the self-pity of believing his dreams is his cup of coffee. A lot of Indians are investing in bitcoin and I do not see anything stopping that.
We can’t say 100% right about this. But as long as I know Indian government going to prepare a regulation and a form of terms for control crypto currency. If they do so then why they want to ban it? Can’t they control crypto?
Point of correction, crypto cannot be controlled, the activities can only be regulated and that will still be subjected to the use of local exchanges, most especially when you are converting to fiat. Now, there is no point saying if what the Op has said is right or not, but it is just an assumption he is playing out in his own head and there are so many reasons I would not expect Indian government to ban crypto trading like he said, as long as there is no way they can control the space.