From the reviews I've read it improves on the Paperwhite in a lot of ways. I'm hoping they launch it in India by next year, Amazon ususally has a lag of 6-8 months in getting the newest model to India.
The only problem may be the pricing. At $200 the I expect the Indian price to be around 16-17k. That might be another reason Amazon may hold off on launching it India, considering it's such a small market for them.