There are a fair number of Tamil torrent and Hindi torrent sites. TamilTorrents.net and TMSTorrents.com look good for Tamil, and DesiTorrents.com (search for invites) & bwtorrents.com for Hindi. I’ve collected a bunch of sites that have Indian torrents.
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Tamil movies are available for online viewing here. It’s not a frequently refreshed list, but I hope to get there soon.