In the automotive sector India has its own successful manufacturers.
Tata now owns a whole slew of British auto companies in Jaguar/Land Rover. So, despite these horror stories of corruption, someone in the Indian auto sector is doing something right.
I don't see why, given the market size, that India can't have its own full stack of mobile phone tech, operating systems, apps and everything else. Why settle for crumbs from the Apple table? Why settle for a few jobs for the profits to go back to Cupertino? The Tata Steel example is proof that dreams don't have to be downsized and that countries have to be beholden to American corporations.