When India was on its way to launch its first rocket [way back when], some parts of the rocket were carried by the ISRO scientists pillion riding on a bicycle. Time magazine, in true western style, ridiculed that inicident. (Unfortunately I am not able to find references for this. So recounting from memory here.) Now after the moon shot with Chandrayaan-1, we know who had the last laugh.
However, on this particular occasion, I think this announcement is a populist one. The Central Government has nothing to show in terms of achievement. The government's image is severely tattered, what with all the corruption charges, policy paralysis, lack of any real economic progress, etc. Nothing like whipping up some nationalism to distract the people from noticing the lack of government performance.
Without the political context, I am guessing this Mars mission might provide scientists with 1) Insights on developing long range space travel 2) Insights into instrumentation technology 3) Robotics related tech
And India has had collaborative associations with several space agencies from different countries. It is only adding to the already existing space related body of knowledge.
All the disillusioned folks who think they are entitled to dictate policy decisions on account of their country giving "handouts" to India, feel free to take a hike.