Etsy is in the process of progressively rolling out India Payments functionality to Sellers with Shops based in India.
This means that not all Shops can add India Payment at this time. Here is what Etsy advises:
"We’re gradually adding the ability for sellers in India to accept orders from buyers in India. We can’t add this functionality by request, but once it’s available in your shop, you’ll see a message to enroll in your Payment settings.
As an Etsy seller in India, you can accept payments from buyers in India via local payment methods such as UPI and Net Banking. These payments are processed by a third-party provider, Razorpay. These payment methods are specific to India and not available to users in other countries.
You can also accept payments from buyers outside of India with your PayPal account. All you have to do is make sure the PayPal email address is added to your Payment settings".
https://help.etsy.com/hc/en-us/articles/6742925359255-How-to-Accept-Payments-as-a-Seller-in-India
Also
"To enrol your open shop in domestic payments
- Go to your Payment settings.
- Select the Enroll Now button that appears in the banner.
- Follow the instructions to complete the enrollment process
