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As @Valorum pointed out in comments, there are lots of Indian characters in Marvel. Here's the list: http://marvel.wikia.com/wiki/Category:Indians

Also, worth pointing out: Indian gods Bramha, Vishnu, Mahesh (Shiva) and Indra have appeared in Marvel comics. Thor even defeated Shiva (which is funny because Shiva's third eye can destroy the universe).

In another issue:

Note: Depictions of gods would look funny to someone who is familiar with those gods in modern media (TV etc), but Marvel's version can't be wrong as they include all the signature features provided by religious texts viz. 4 heads of Bramha, 3 eyes of Shiva.

Update:
As I see you are looking for Indian "superheroes" in Marvel, here's the list:

• Agni, Lord of Fire

• Grid

• Ganesha (Earth-41001; Earth-616)

• Jonathan Tremont

• Omega Sentinel (Earth-12131; Earth-41001; Earth-616)

• Lord Templar

• Thunderbird

• Pagan

• Indra

• Lakshmi

• Spider-Man

• Vesper

• Timeslip

• Sapna

• Sati

• Cerebra / Ice Queen

• Ghost Rider

• Skanda

• Brahman

• Tigerman

Super Villains:

• Black Fog

• Star Thief

• Doctor Octopus

• Black Box

• Zero/One

• Vindaloo (Earth-2149; Earth-616)