Flying Dagger
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Completely agree with you here... In India it was basically followed among merchant class and some elite rulers.No I think that in India Buddhism was mostly spread among the merchant class (Vaisya). Many of Buddha's disciples were merchants or traders. Whereas Hinduism was practiced by the common folk such as farmers. That may be the reason for the decline of Buddhism as a whole because there was no link to peg the faith with the ground level.
This was opposite to what happened in Sri Lanka, where Buddhism became the common man's religion. It withstood the hardships even after the destruction of the central authority.
Another factor is there was nothing new to offer philosophically and when they started losing in shastrarthas a common practice among elites/ Brahmins to discuss each other understanding of world through their religion and it's literature.
That literally ended its expansion . Other dynamics like power politics etc always play a part. Gupta Vansh for me along with pratiharas Cholas Pandyas being hindu only solidify the status of Hindu Dharma back at top.