Not expecting much from India. As others have pointed out we don't have much experience with this format of the game.
Really if the team could make the semis that would be an excellent achievement.
But as Ian Chappell pointed out, I think this tournament will give India an inkling as to what their future ODI side may look like.
It gives the chance for guys like Pathan Harbhajan and Sehwag to rehabilitate themselves and it also gives a chance for the likes of Yusuf Pathan, Rohit Sharma and Joginder to make a name for themselves.
I think the tournament will be interesting from that perspective rather than pure results because I don't India are a contender for the title.