I don't know if the PLAN will make that many carriers to begin with, and I'm not sure if they'll conduct much operations into the Indian Ocean. China isn't interested in making military alliances all over the place, and it's not interested in conducting expeditionary combat. As such, I can envision the PLAN performing the odd exercise in the Indian Ocean to prove that they have the capability to break any Malacca blockade, but little else beyond that.
In any case, it's all academic because India has no way of buying any bombers, and nobody will help them build any. Maybe it'll be a thing after India has the industrial capacity to design and build them indigenously, but that's probably at least 50 years in the future.
Pretty much. I think that the KF-21 would be quite attractive if it wasn't completely dependent on the US. Maybe India should think about getting on China's good side, and see if they can get a good deal from some J-35s.