Coming out of an Indian Arsenal - this is essentially the Enfield SMLE but chambered for the .308 Win and referred to as the 'Ishapore' 2A. It is certainly well able to handle the round but this example has not, thus far, been capable of grouping at all well.
That should be probably addressed by finding the handload that suits and maybe not bothering with a scope - just using iron sights.
Gobango.net web site - see this picture and many more, plus articles.