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I had thought they wouldn't ship the Sponsored version internationally? But maybe I'm wrong? Amazon claims that they only sell it in the U.S. However, if you are having it shipped to someone in the U.S. and then sent to India, maybe you could instead get the refurbished Kindle Wifi, if price is an issue.
I haven't heard any rumors of the exact price of the K4 though. Probably we will find out in September if any of the K4 rumors are true, so if you are thinking seriously of the potential K4, I'd advise waiting a month and seeing what Amazon does.
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