I guess my take on this is: What's the problem?
As far as the pictures of Jesus, Mary and Joseph--look, if you can have pictures of Jesus with blond hair and blue eyes in every card shop, why complain about Jesus & family in traditional Hindu dress?
And I don't understand why it would be a problem to quote from Hindu Scripture. I have a well worn copy of the Bhagavad Gita--in fact, I have several translations--and the Upanishads (again, several translations.) And some devotional stuff to Vishnu. They sit quite close to my Hebrew Tanakh & Torah plus the various translations I own. I have copies of the New Testament too--in Greek and English. And other world Scriptures as well.
And, ah, yeah--we have Yoga and meditation services at my synagogue in addition to our traditional services
The only reason I hold the Jewish Scriptures higher than the rest is--well, for some reason Judaism resonates with me deeper than any other religion. I've always admired Hinduism greatly, but I also knew that it wasn't my path. Which is not to say that I can't experience the presence of God at a Durga Puja celebration. It's just to say that, however arbitrary this might sound, I belong in synagogue and God expects to find me there
But I've no problem regarding the Vedas and the Gitas as divinely inspired in the same way I view my own tradition's Scriptures as divinely inspired. I'd expect certain standards of textural criticism, lol, just as I do for my own Scriptures...but, again, the reason I follow Judaism and not Hinduism does seem kind of arbitrary. One's not better than the other. (And one's not better than Christianity or Buddhsim, etc., either.)
Lastly--Hindu culture is quite accepting and embracing. The Hindus I know have no problem celebrating Durga Puja, going to Midnight Mass on Christmas Eve, joining a Seder with their Jewish friends, and breaking a Ramadan fast with their Muslim friends. Both the religion of Hinduism and the culture seem, to me, profoundly pluralist. I think it'd be crazy for an edition of the Bible intended for India not to respect that fact...
Is the intent of this Bible to missionize? I don't approve of missionizing--except to missionize people into becoming
Star Trek fans, of course-- but if Christians feel they must, surely it's better that they do so while respecting the dominant religion and drawing insights from it (rather than simply dismissing or denigrating such a rich spiritual tradition, I mean.)