I think there is potential, if only because China is the largest economy in Asia, and Chinese investors know better than anyone how to tie together local bureaucracies and infrastructure grids into nodes on the international supply chain.
Your response was a limited generalisation. I reply with such in mind and the following is a generalisation to many thoughts many have.
I agree there is a lot of potential but you do realise that India is different compared to PRC and you cannot use the same approach. Also India will ask questions like what happened to the Shanghai Special Economic Zone (it fits your description). Also what you mention is not a skill that India is needing and wanting from PRC. What India needs is partnership and expertise that will be long-term in nature and will lock the relationship of the two parties in a positive manner.
For example if there is a situation that India says okay to PRC and there is a huge 300 billion project(s) implementation (we are still unsure on exactly what that is). Will that change PRC behavior for example towards Pakistan that is negative towards India that has enabled Pakistan to behave in such a way because of PRC support. 300 billion relationship is huge and not easy to find in the world. And frankly India is not keen on dealing in a 300 billion relationship if that country supports Pakistan and other nodules that are anti-India. There is also question of boundary resolution.
One skill PRC has that India has used before is something like large scale bridge building. We are seeing India use PRC JV on such projects. Perhaps that is one area that PRC can focus on. There is also real estate because of PRC experience. But i am not sure if India will allow PRC to do it alone and without other partners. And not sure if 300 billion will be on bridge buidling and real estate only. There is talk about making SEZ like in PRC replicated in India but that has a strong component of only cheap, obedient and disciplined labor. Whereas India investment will focus on other areas.
Thats why the role of PRC will be there but there will be others involved at a higher level.
India is not overly concerned about being a large manufacturing hub for the rest of the world on cheap products but more about internal market dynamics and making products with high value and growth and also upgrading its infrastructure for its own people and not for other people. there will be companies that use india for manufacturing and exporting but they would also be geared for the india market (that is different to PRC where many companies deal solely with exports). I also think that you are underestimating the ability of chinese at business. chinese are good business men and woman. These do not include chinese only from PRC but yes they are good business man and woman from PRC. Will these chinese want to come to India and do business for example look at mexico - look at germany. Will the Indians go to PRC and other markets first. It is more likely the latter. Will the Japanese, Koreans, Americans, even compared to PRC the British, Europeans come to India - yes if the projects are of high appreciation and value - further India wants to enter those markets more compared to PRC. The dynamics of the region and the world means PRC will face (more) hurdles compared to others and rightly. It is because of history and frankly the adverse nature of PRC policy that fears India rise. Will PRC and chinese do more business with India - definitely yes but it will be on a larger scale on
what is already being done.
Ultimately there is also the role of India to PRC and PRC to India. What do they mean to one another. India is not a route stop on the way to PRC for others. Also PRC is not the end-point for India. Also PRC is not the leader of asia and the world. Also it is fine for PRC to make bridges and roads in India but that can be also done by others. What can PRC offers that for example Japanese, Koreans, Americans, even compared to PRC the British, Europeans, and ASEAN countries cannot offer. If you are saying money - India does not need money. India has said there is 1 trillion worth of infrastructure market for investors - not India needs 1 trillion cash. Think about that because the geography and also the history has shown that India and PRC will have to deal with one another and the region and the world will depend on how these two giants work together.
It will help if PRC drops Pakistan in favor of India. Not only will that be good for PRC but the world.