That's an uncharitable take. The proposed observatory was through pristine dense forest, and one of the most important elephant corridors in Asia. It was opposed by the democratically elected government, and litigated in courts in an open and transparent way. The physics gains do not outweigh the environmental cost, and the fact that scientists were able to get valuable data from an observatory in the lifeless Antarctic is further justification not to build this.

IceCube observatory is for studying the high energy cosmic neutrinos from a distant galaxy or black holes. But the one proposed INO is to study the low and medium energy atmospheric neutrinos. INO was designed to study the mass ordering of neutrinos. Both observatories are for studying different aspects and properties of neutrinos and are not the same.