Motorola is rolling out the Android 5.0 Lollipop update for the first and second generation Moto G in India. As usual, the update is rolling out in phases, so not everyone will get it at the same time but your phone should show you a notification as soon as the update is available for download. Alternatively, you can check if the update is available by heading over to Settings > About phone > System...
Source: http://www.gsmarena.com/moto_g_lollipop_update_now_rolling_out_in_india-news-10879.php