To be fair, the Indian education system was crafted to create 'Brown Sahibs' to manage the Colonial Govt., and unlike say SE Asia and E. Asia, the system remains in essentially the same state that the British left it in. Indeed, most 'Indian Americans' are united in their hatred for their home countries IMO.
On the other hand, it's very unsurprising that India's greatest export remains Human Labour. For those who don't realize this, India's balance of payments is actually positive inspite of the imports being about ~$150 billion more than exports (that is about 5% of nominal GDP). This comes about because of the amount of money that is being repatriated by Indians.
Perhaps it is for this reason that India maintains a linguistic apartheid, whereby only the English speakers have access to education, and higher wrungs of the state like the judiciary, civil services etc. It's also a testament to the nation's collective stupidity that it thinks exporting cheap labour over building skills within the country, is a justifiable strategy.
This is echoed, unsurprisingly, by 'body traders' like Infosys (c.f Nandan Nilekani), but is a common state doctrine after 'independence'. Unlike China, which emphasized mass education access, and local technological ability, India's schools specialize basically in serving Anglo-Saxon nations - most IITians etc. leave the country on graduation (esp. in CS).
Within a country like India, where each of the major languages have a speaking population of an average 6+ million (similar to S. Korea, Germany etc.), and where Hindi has a speaking population of 400+ million, you'd be hard pressed to find a single university of repute that can educate people in any of the native languages. Even the bombastic Tamils in the south or the Hindi pushers in the north have little to show after 70+ years of bitter politicking.
How a mob of uneducated rabble, neither interested in agriculture nor equipped for industry, will be beneficial for India is a puzzle that only Indians appear to be able to "bend" around.
For these reasons, those who compare India with China, have neither an awareness of India's history, its present British colony run by "Brown Sahibs", or even about its historic role as the "pivot for Asia", whereby it was used to colonize the whole of Asia. This is not surprising, since its own 'eminent' academics are often at a loss in doing anything that doesn't involve mimicking their long gone masters.