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It appears to me that while on paper the BCI might have allowed foreign law firms to come here, technically there hasn't been much change on what was already being practiced for over decade; which is foreign law firms advising on foreign law matters.

Thoughts?
This would be true only if they bill in INR which even Indian firms donโ€™t.
๐Ÿคฎ๐Ÿคฎ๐Ÿคฎ๐Ÿคฎ

Stop calling it foreign
The firms lobbying against entry of foreign law firms are very powerful. One firm in particular has direct access to Modi and also links with a top businessman close to Modi. So I donโ€™t see it happening.