The aviation industry in India is tiny. I mean by that that, compared to the population, it is almost non-existent. There are probably more airliners in Luxembourg than there are in India! The infrastructure just isn't there to support that rapid an expansion that they'll run out of people. With a population four times that of the USA, believe me they have plenty of people! Only a very few need to be qualified to fly aeroplanes, and it looks likely that they can generate the majority of those themselves - and they can send potential pilots to schools in other countries, who will be only too willing to provide the training India requires.
I don't think there will ever be a large market for expat pilots in India.
Scroggs