IMO It is not a matter of wants. The main reason is that gaming or any popular pop culture like anime, lego, cosplay, collecting figures is an expensive hobby - Less than 5-8% of the population can afford the latest consoles/PCs and toys. India dont have a middle class with same income level as China/Korea. Sony/Microsoft have tried to enter this market especially during the PS3/Xbox360 but not considered viable for long-term.