Well, given recent tensions between China and the West, it is fair to assume that at least some of those western investments may come to India. Not a mass exodus, there is no reason for one just yet, and that India lacks in infra etc compared to China but.. we'll see some benefit as India builds that infra and invests in a skilled workforce. Indians are just as hardworking and industrious a people as the Chinese, just that we haven't had good leadership and governance for the majority of our time as the modern nation state that it is now. The CCP has always had a vision and gone about it methodically while crushing all dissent and working steadfast toward their goals, and they continue to reach for loftier heights, it does have its benefits, an authoritarian system. China are not burdened by political infighting or the uncertainty that the democratic process brings with it.
I think there's more than enough room for both countries to continue to grow, and a lot of it can be mutually beneficial too.