Have to admit that the task is quite challenging. For any product to be successful, you need many industries to support you.
Take for example high speed train. You will need to have good track engineering, stable power supply, signaling system, civil engineering etc etc. So, if you only process a few good industries ... there is no way you can be successful without importing from others.
I also heard from the grapevine that India aspires to be the number one space power ahead of the USA China and Russia. It is hoping to be the first country to send a manned mission to the Sun during night time.