Normally dedicated servers in Asia are fairly expensive, due largely to the bandwidth costs. Not really sure you're going to find cheap. A lot of people choose dedicated servers in California (US) as the ping times to Asia are normally pretty good. You could always try Hostgator India.
You could get old Pentium 4's or Atom servers for around $40/mo., however they aren't going to be powerful. What exactly do you plan on using them for, and what specs do you need?
I'm sure WSWD has nothing better to do with his time than compile a list of servers for you. (c'mon WSWD, get a move on ) Maybe you should try google first and expend a little energy rather than expect others to do your work for you.