There is a James Halliday on the 1851 census in Preston (HO107/2266, fol. 125, p. 29)
1 Clarence Street
James Halliday, head, mar, 54, silk weaver, born Ireland
Mary Halliday, wife, mar, 54, born Ireland
Elizh do, daur, unm, 28, reeler(?), do
Mary do, do,unm, 26, do, do
William do, son, unm, 21, factory worker, do
Andrew do, do, unm, 19, weaver, do
James Halliday, do, unm, 16, Factory Worker, do
William Turner, son-in-law, mar, 24, silk weaver, do
(and then the Turner family)
I suspect this isn't your James Halliday though - based on my experience that second wives/husbands tend not to be exactly the same age and from the same place. This looks more to me like a family that came over from Ireland together after 1835.
There's another James Halliday on the 1851 census at Walton on the Hill (could count as Preston today, if it's the Walton I'm thinking of - less certain about back then), but I think he's too young to be yours (this one's b. c. 1809)
On the 1841 census, in Harding (?) Court, Liverpool (HO107/555, book 3, fol. 6, p. 5), I can see a James Holliday, age 35, a shoemaker, with (presumably) spouse Anne (age 25) and (possibly) daughter Margaret (but Margaret is born Lancashire, not India, though with rounding it might just work)
Also on the 1841 census, in Yorkshire St, Wardleworth, Rochdale is a James Holliday, age 55, ? draper, born Scotland, with wife, Ann (age 46), born lancs and six children aged between 12 and 25, all born Lancashire. Unlikely to be your man if he was in India 1818-1831.
