All torrents sites provides pirated contents, so you ca not run this kind of website in india. but if are buy a server from country which has not legal MOU with india. and upload your content via proxy or other open browser. so can survive for some long time, but one day finally you have to face legal problems. i am not in the side of pirated content, but if you want to set and want some experience than i will surely guide you for that.
Have a nice day