As far as I know, the Deccan Traps played a major role in the previous mass extinction. Despite Wikipedia's exaggerated claims of it being "famous for the beds of fossils", Indian mythology, unlike Chinese and European mythologies, does not feature dragons. Chinese and European mythologies feature dragons probably because their imagination was seeded by massive dinosaur fossils they found every now and then. The only fossils that seem to have contributed to Indian mythology are the "Shaligram" (ammonites).

I would be thrilled if they discover more fossils in India. But I don't have high hopes that they'll discover anywhere near as many as Europeans and Chinese.