There was a report by Capgemini that India is all set to to challenge China as the preferred destination for manufacturing outsourcing. The big 'if' is that government needs to work on and improve the existing infrastructure.
At some level, I do not think that this conclusion needs research. It is common knowledge. There is no difference of skill level among Indian and Chinese. The same manufacturing machines can be set up in either India or China. In addition, India has theoretical added benfits of being a democracy and having an active legal system.
Summary report on Capgemini site
http://www.capgemini.com/m/en/n/pdf_India_Set_to_Challenge_China_as_Global_Offshoring_Sector_Evolves.pdf
News item on indiatimes
http://economictimes.indiatimes.com/Indicators/Manufacturing_India_to_challenge_China/articleshow/2413138.cms
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Your conclusion that no research was required to say that is smart. I agree.
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