
tl;dr I'm pretty familiar with Indian literature.

I guess you could say I've been reading some kind of Indian literature since childhood. I've tried reading some Indian literature written in English, and too often, it's just disturbingly prejudiced (classist, for example) and boring. In particular, I remember the stories in R. K. Narayan's Malgudi Days being like this, although he did write a story called "Like the Sun," which actually was a good story. Even more often, Indians writing in English turns out to be less of a coherent piece of writing and more of an exercise in showing off how much English they know.
I've found literature in other Indian languages (I'm not sure what to call it - "vernacular literature"?) to be much more interesting, about the lives of all kinds of people. I'm on my fifth novel in Malayalam now. So far, I've read one novel about a child's life, another about a man who gradually comes to believe that his his girlfriend is a demoness, another about a romance in a fishing community, and another about people from my community creating towns in the Western Ghats. The novel I'm reading now is about a landlord who gets knighted by Queen Victoria.
I can't claim to have read either the Mahabharata or the Ramayana, but I know a bunch of stories from both as well as from the Panchatantra and various stories about Birbal and Tenali Ramakrishna, some Buddhist stories (including some Jataka stories), two Jain stories, and various historical stories, including two very different versions of the story of Chandragupta Maurya.