We don’t want aircraft carrier race with India : State-run Chinese daily
Don't fool yourself buddy, any realistic thinking human won't have much problems to see, that there is only the USN that have more strength in the Indian Ocean area, next to Indian Navy! Add the capabilities of IAFs and INs shore bases, as well as the geographical location between important sea lanes, India is obviously the key to control of these waters.
Without ports in the area to station and support PLANs fleet, only their subs will be a threat to India in the next few years, especially because PLAN lack the forces to project their power and because their priority remains to defend Chinas costlines and your area of interest in the East, not to the Indian Ocean.
The same is the case for Indian navy today and projecting our power to the Chinese Sea, which is not going to happen anytime soon as well, even if we will have new carriers soon. Our priority is also to defend our country and areas of interest close.
So all there is today, is the "possibility" that India could join the US camp, in case of a conflict with China and if that happens. That obviously worries your forces, especially PLAN, since they can't fight USN in the East and keep the sea lanes open in the Indian Ocean against IN at the same time. Just like a 2nd borderline would be a major strategic disadvantage for China as well, because you have to split your forces.
But as I said, it's just a possibility! India normally remains independent and if China is not going to increase border issues with us, we have more in common, than we differ on several things. It's just up to your policy against us, to decide which way we will go.