Railtel, a government agency, has announced it will build 100 regional data centers. It already operates 60,000 kilometers of fiber, connecting most of the country. It has large data centers for its own purposes and is selling services from Secundrabad and Gurugram. (below)
Indian Railway is a behemoth, carrying 8 billion passengers a year. It has 42,226 miles of routes and 1,254,000 employees. (Wikipedia) So it certainly has the assets to go into the cloud business.
But I also know that Indian government plans often don't deliver.