I know that one of the big boys runs Blue Dart... But I thought that was DHL that was behind them?
Lots of cargo in India, but it is not flown by Indian Carriers. Lufthansa Cargo, Jade Cargo, Cathay Pacific Cargo, FedEx and Aerologic.
Deccan 360 had some hair brained idea which never got of the ground, I'm sure there must be a market for I proving the domestic cargo network but this should be with an established international operators backing.