I've got absolutely tons of Indian traffic, but with my CPA offers it's completely useless and making no money at all.

Wondering if you recommend using Adsense with it?

If not maybe you could suggest some good Indian CPA offers.

Adsense conversion would depend on the nice you are into. It's well worth a try. Not that well versed with indian affiliate networks.. I have heard of DGM India that you could try.. also naukri (if it still exists) and the matrimonial campaigns if it's within the niche.