Lara said India would enter the tournament with an edge because of home advantage.
"I think India will win in home conditions. Their players know the pitches and they're playing good cricket against the best teams in the world at present in that version of the game. I would definitely give them top billing," the former Test captain was quoted as saying by the local media.
West Indies, who won the Cup in 2012, will be led by all-rounder Darren Sammy and would have the likes of Chris Gayle, Kieron Pollard and Andre Russell -- all of whom are generally a part of major T20 leagues across the world.
Lara feels if the players can gel and play consistently, they would be genuine contenders.
"Chris Gayle, Darren Bravo or Kieron Pollard, all these guys when they come together, there's a certain chemistry. I can tell they want to be together and pull together," the 46-year-old said.
The West Indies have been drawn in Group 1 alongside England, South Africa and Sri Lanka, besides a yet-to-be-determined qualifier.
They will undergo a preparation camp in Dubai later this month before travelling to Kolkata for the two official warm-ups against Australia and India.
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