the difference of our two countries are huge:
when the US agreed to sale us the C-130J for oil cleanup purpose, numerous experts in China expressed deep concerns that such move would damage the defense industry in China. the reason is clear: they want your money, they want keep getting your money, so why they should allow your companies to be capable of designing and producing the comparable weapons?
our Y-10 aircraft is probably the best example. we completed in 1980, test flighted hundreds of times. However, Boeing and Airbus just want it to be shut down so the market can all come under their control.
we are LUCKY to have the weapon embargo after the 1989, trust me indian dude, the embargo is THE best thing ever happened to China in the past 2 decades.
Look at what we are capable of building now.
btw, there is another huge difference between we two countries:
1. india just buy dead expensive weapons, they don't care about the civilians who are desperate for better infrastructure.
2. China just bought 102 airbus airliner this week, which worth 14 Billion USD.
we will have a very different future