Given all this, it's not clear how long ISRO will be able to hold on to its first mover advantage, with regards to cheap launches. While INR being undervalued may be one advantage, it may not prove to be enough to compensate for bad logistics and attrition. Admittedly though, the latter are not as big problems for ISRO, as they are for manufacturing companies.
If there are folks from ISRO here on HN, I'd love to know about their management/coding practices and the like. In any case, the whole "defense" line is a non-sequitur
- Everyone knows that the Indian bureaucracy leaks like a sewer.
- DRDO is hardly an organization that needs fearing; apart from the above anecdotal data, most of the components/tech used by the organization are imported. A Homi Bhabha is not apparent in the current state apparatus.
- The state has hardly had any real geopolitical goals (after Nehru-Indira Gandhi).
[1] Haldane called CSIR, "Center for the suppression of independent research".