Good question riddle. I do see India is trying very hard and doing a lot of things right. But it's important to consider like what other posters said above. Misery associated with the traditional culture of corruption/religious dogmas/social hierarchy will significantly weigh down India's flight for a long time.

Chest thumping patriotism or desire to feel better about themselves is very strong in India especially due to their history of 'gulami'. When sensation-fueling Indian media cater nothing but 'mera bharat mahan', it is difficult for some naive minds not to be single tracked to whatever they feed rather than pondering what else is/could be out there.

Especially, the India's current stand against the US and overblown by Indian news media really fuels those simple minds to conclude that 'oh my god India is really the super power in every thing'. And perhaps they start noticing ONLY the flattery pictures, the growth..the Ambanis...etc..not the complete picture.