Those fantasising of a Sri Lanka type debt trap for India are indulging in blatant and deliberate misrepresentation of data.
India’s total external debt is $621 Bn of which Central Govt’s debt is just 21%. Nearly 50% of it is debt taken by non-Govt companies and households.
The selective data picking and misrepresentation continues…
Although $267.7 Bn of debt is due in less than a year, but how much of that is Central Govt debt? Just $7.7 Bn.
Yes, that is just less than 3%!
Again, the bulk of the repayments fall on non-Govt sector.

