I think I put my comment into context when I made it:
I wasn't looking at the tournament as a whole - India were obviously more consistent across the whole thing, but that doesn't matter in a knockout - it comes down to one high pressure match.
In the end South Africa were 2 balls away from the final, I think that counts for a lot.
I'd say India finished 4th - the South Africa that played New Zealand would beat the India that played Australia. Sure the result of their pool match went the other way, but on the basis of their semi-final performance - only one team went down fighting.
I wasn't looking at the tournament as a whole - India were obviously more consistent across the whole thing, but that doesn't matter in a knockout - it comes down to one high pressure match.
In the end South Africa were 2 balls away from the final, I think that counts for a lot.