IndianHawk
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That logic works for new manufacturing capability .It means that our manufacturing can survive only if gets government protection in the form of antidumping laws.
So there is no chance of us becoming exporters of manufactured products as because other countries will provide equal opportunities to China as well as India.
We only need govt protection to establish new manufacturing units and sustain then for 3-4 years.
Once we have a viable manufacturing industry we can export plenty and best Chinese too.
For example our electronic exports have grown very fast recently. We are already a huge exporter of automobiles. We are huge exporter of generic medicine . Our smartphone exports have grown very fast too.
We are probably largest producer of two wheelers and major exporters.