Relax pal! Anyways it just costs around 1.5 Cr in India on road. Too many folks own this car even in India. You can even afford this on a VP/AVP salary in likes of Infosys etc. So its not exactly impressive. Even yours truely's family owns a 7 series Beemer, comparable to S-class.
Besides you can count on finger tips how many countries are capable of launching 4000 KG satellite in GTO. Now that is something to write home about!
Oh and do write here in PDF when you own a Ferrari 250 GTO. Love that one. Now that will be comparable to being able to launch a 4 tonne satellite in GTO.
Well sir, it is older than 2 decades. Russia and USA are in this game for quite long. Even right now China is no where near to where USSR and USA were in 1960s. Tell me when you are able to send a man on moon. US did this way way before China. China is still playing catch-up with US space tech of 1960s.
As far as India goes, well, we have just started getting into the real challenging parts of space technology. Our program is still need based and is not going test any frontiers any time soon. Goal of Indian space vehicles was and is to save money on foreign launch services. Something which this vehicle will help a lot into. We still need to extend its capacity to around 6-8 tonne after that it will be useless to develop any further.
Oh, BTW, before I forget, I read till very recently China was not able to manufacture ball points for pens. So much for the world's factory!