Along with your key facts, the other factors are:
- It has started to grow recently in terms of technology, I remeber 5 years ago, anyone barely had any Internet connection here but now everyone has smartphones and Internet connection and a lot of cities have public wifi. It had a vast effect on people's knowledge about cryptocurrency. In a year or two, a lot of growth will be seen, and a lot of people will be having bitcoins and other cryptocurrency here.
From this post: https://steemit.com/introduceyourself/@prateekarora/sciencefriction-short-thoughtful-sci-fi-stories-from-india
Not double, i think, but more than that, about 1.25 billion people live here, almost everyone has the latest gadgets and smartphones.
Let us not forget to thank LTE mobile network operator 'Jio' for it's immense contribution to the nation in providing this large internet access.. For those who don't know, 'Jio' provided absolutely free internet access upto 4GB daily limit at first and later 1GB daily limit for about 6 months along with free calls and sms. It is coninuing it's service with a very cheap internet packs price as compared to others, and which is ₹303 ($4.721) for 118 days.. This is why it has over 100 million customers till feb.2017 in india.
Maybe for this very reason India can be a very good marketplace for Steemit right now and of course largest democracy is welcoming the best..
Yeah Let's not forget Jio, I have been using it from last few moths and it was quite helpful in getting my Internet bills to nill.