India does not rule IOR, Americans rules IOR. Our aim was never about India, it was US all along, you are just a pawn in this game. Firstly, you got the economic wrong, it is not just about exporting excess capacity, it is to create a Yuan based economic belt where China can export and import in Yuan easily. It doesn't matter if we import more, we can print yuan, the same shit US is doing.
And the dependency on exports is not as high as you think it is, China's domestic market is a few magnitudes bigger than the Indian market. Please realize this. Once a yuan based system is established, we can import from these countries with no pain. Low level manufacturing can be outsourced to Bangladesh for example, the key here is all would be in yuan.
China is already tapping into Central Asia, look at those pipelines. Afghanistan is just one country in OBOR, our rail lines don't go through there. We can use CPEC to access Iranian gas through the IP pipeline, etc.
China actually invited US companies to join in, and they are joining in, it's about business bro, India is the only country who is not participating. Even Japanese companies are hoping to get a slice, why not, they came to the summit, only India didn't come.