Google play store is now offering movies option for Indian users. Now you can rent or buy the movies list starting from Rs. 50. If you choose the buy option it will cost you some extra bucks.
It seems Google is slowly expanding its Play store that was meant for the android apps and games. But now you can buy ebooks from the play store and recently Google also started selling devices to Indian consumers. The Google Nexus 7 was the first device listed for Indian consumers and more to come.
As of now there many movies available like the Spiderman, Ted, The Bourne legacy etc. and some 38 Indian movies like Ek tha Tiger, Hum Tum, Dilwale Dulhania Le Jayenge etc. Now if you want to rent the Ek tha Tiger movie you will need to pay Rs. 100 and if you can afford you can even buy it for Rs. 490.
Thank you Bala, Nadeem Shaikh for the Tip!