The reason I'm not very gung-ho right now is because there is, just maybe, a future in which ISRO isn't just "one of the space agencies that have made it into orbit", but as important to the future of space as NASA was a decade or two earlier, and getting there involves not just doing good work, but being ambitious at the scale of SpaceX and such. ISRO is being funded well right now, but if they can't "make it" in the next decade, with NASA in a slightly precarious position and private companies with no history of going into space doing all manner of remarkable things, they are going to miss this shot, and that can be dangerous in a political climate where the "can such a poor country really afford to go into space" types might drown out more reasonable people and shutter things for good. I'm enthusiastic about ISRO being able to compete on price -- and it looks like they can go much further, considering that their labor costs are far less than they are for a private American space company, who I doubt can afford not to pay typical SF-style salaries to their engineers and designers.
Good promotional material attracts talent: I seem to remember someone from SpaceX saying "our webcasts are actually recruitment propaganda", and, well, they work! Maybe the first step towards making young engineers want to work at ISRO is to not, e.g. name the Mars mission, of all things, "Mars Vehicle" in Hindi?
[0]: Around 1.5 tons, and, no, I'm not discounting the challenges of actually releasing that many microsatellites.