Yup, you have put it right way. You guys are friends of Israelis - the Zionists who Allah says will be among the most punished ones in Akira.
I think India doesn't have an option but to stick to its newly discovered friendship with united states. May be one finger at a time but India is taking its hands away from Iran and honestly I see India has more reasons to do that then not. Making USA and Israel happy has its reward but making Iran happy has its cost. Also to pinch Pakistan if ever possible, India has discovered better route through Afghanistan and it is in less need of Iran after that. So all equations indicate that shunning Iran is okay at this stage.
This is going to pinch Iran but what I see is that Iran still has some tough time to go through before it produces Nuclear Weapons and becomes a declared Nuclear Weapon State and then would will be looking to reconcile and make Iran friend again.