Bayliss said the match was 50-50 at this stage but the Sri Lankans were confident of pulling off a victory.
"This match is 50-50 at this stage. Obviously, there will be a lot of pressure on India to perform at home. We have been able to do that in the last couple of games and come out with two good wins. The boys are quite confident about their chances in this World Cup," said Bayliss, who is set to quit after the World Cup.
"If we concentrate on what we do the best then we can play some good cricket and if we play good cricket, we are going to be very difficult to beat," he said.
The Australian-born coach said while his team has come out with flying colours while performing under pressure cooker conditions at home, it was now India's turn to do so.
However, Bayliss said the task was an arduous one despite the fact that his team had beaten India on a number of occasions.
"In the last three years, we have played 35 matches and this will be the 36th one. We have beaten them on a number of occasions. Our guys are confident we can play well and win," the Lanka coach added.