When you are talking about the revolutionary potential of Naxalism in India, what potential are you referring to? To seize state power? To force the State to radically reform it's Constitution?

To the former - hardly any. It is an unrealistic and highly deluded aim. The biggest issue with the Naxalite movement is that it directly moved to armed conflict, without doing the necessary work to organize and build the class-struggle. (This was Chairman Mao's advice to Sanyal, Mallick, (Khokon) Majumdar, Biswas, and Bose, and he explicitly stated that the revolution would fail without mass organization. Charu Majumder disagreed, and wanted to hastily spread armed conflict.)

To the latter - a bit more realistic, since multiple governments have proposed development projects, including employment, in a bid to curb Naxalite recruitment. But, it still actively avoids the crux of the problem - that tribal communities still stand displaced, and disenfranchised from their traditional forest lands. Strong Socialist reforms may one day endeavour to tackle this problem, but, under the current political climate, I can only see things getting worse.

https://www.theweek.in/theweek/cover/naxalbari-movement.html