Left Wing:
AI has proven again and again that it is an organization (I use the word as distinct from "enterprise") that is incapable of learning.
Look at India's geography: half-way between Europe and the Far East/Oceania. Ideal for an enterprising airline to get a fat slice of this huge traffic. They've somehow managed to figure that out in Singapore, Thailand, Malaysia, and more recently in the Gulf. Years ago, in fact.
AI's fleet size has been insufficient to handle even the somewhat modest pax figures of the past. Check many of their flights listed: they are actually code-shares using other carriers' equipment.
It would be cruel thinking to expect any sudden change in their management capabilities. Their priority has been to provide jobs for family and friends so they can get cheap travel.