The Indian economy tho has a lot of problems that are going to need like the most brilliant problem solving of all time. India needs to do everything all at once somehow.
In defense it needs to develop a competitive indigenous industry from scratch while also continuing to modernize at the same time. Its even harder considering Russia/West have learned that technology transfers not good for their competitiveness after their China experience.
It needs to suck up more of those manufacturing Assembly jobs that China is shedding right now while also fending off AESEAN and increasingly now, Africa. As example, Vietnam, Malaysia, Indonesia, Bangladesh have taken the lions share of the decreased Textile manufacturing moving from China, with india taking a whopping 8.3%, def not enough, but at the same time if Indian gov don't protect domestic manufacturer's they will lose elections. India also needs to look in its rearview mirror at Africa as well. African nations are now showing some actual decent stability, and China opened almost 150-300 manufacturing projects in Nigeria alone in 2017. Africa has the unique advantage of being where the resources and the cheap labor are, if African nations can streamline cross border trade and continue infrastructure development, India will look less attractive considering India will have to import all the Raw materials.
Then there is the ongoing issues with Hindu-Muslim, climate change, brain drain etc. Very tough
