This is pretty sensible. If India passed any draconion law, then it would be a trouble for the citizens who are already pissed off by high-prices of content that is pirated.
e.g. The price of buying a track is pretty high. $0.90 for a track in US is acceptable, but not in India where standard of living is not like other countries.
The chief reason piracy is a hit in India is due to stupid pricing. If a book costs $10, then it will surely be pirated by a lot number of people. Classical example was "Harry Potter" books. It was priced at 700INR IIRC. Not everyone can buy it. Pirated books were available at 150-200INR and sold like hot cakes.
Moral of the story: Fix your damn price and see the sales shoot up.