Now compare average income to see how much this matters.
The problem here is that India alone would be consuming 20% of the IPv4 address space.
Obviously economies that rely largely on second hand technology are going to have old technology. Much of Africa is in this bucket. But looking past the extremes, India is at nearly 80% right alongside Germany. They fall in very different average income brackets. So the correlation isn't tight.
I can't see any value in pointing out vague correlation between income and proliferation of a new technology. It's the most obvious of observations.
afaics, it probably has more to do with large indian-isp’s f.e. jio adopting ipv6.