That's partially true. I can see the indicator and tire both at 1 mm difference which means it is indeed WORN OUT completely.
Went for a long trip but drove cautiously and the trip was good. Although tire noise was too high, the ride was good and in fact, I find the ride in Xcent much better than XUV or SX4. Latter both bounces like anything and I can't believe how bad the bouncing in SX4 after I drive my Xcent.
The plan was to update the tire once I came back from the trip and until then, it will be used by my uncle to run some errands and mostly won't run much. It will run 500km at max after 3 months.