No announcement as yet. No a large cricket fanbase there. India, Australia, England etc. are the major consumer markets for cricket games and all are in the PAL region. So keep your fingers crossed that a miracle happens.
I haven't played the game but my friend tells me that the game wears out its charm within a few hours with the A.I. You can throw a googly, full toss but the batsman will easily pick it up. I guess MP is where the game is really fun to play.
I remember playing Aegis Wing in co-op on LIVE with four other players. It was great fun. Co-op makes the gameplay 10x more fun.