India is so corrupted by vestiges of their caste system and completely overpopulated with people with useless degrees and credentials that they simply have no future.
India made rapid progress for a time because of all the low hanging fruit, but that's over and they're hitting the wall of deeper unpleasant demographic truths and they're back to making 'Getting the Hell out of India" the national sport while steadfastly refusing to deal with the root causes of why things suck so bad...