amptrap:
Those companies, and many others, make their top-notch products in India for Indian market for decades. Many under collaborative efforts and under technical license. Some others are GEC, HBB Hidustan Brown Boweri- ( related to Asea Brown Boweri), S&C , BHEL and such. Bharat-Bijlee makes top notch motors, used to be under Siemens license. But those products are from Indian material and local labor.
Those products are not necessarily exported, mostly because they do not need to. India is large enough market. In fact it can absorb more now.
As for the first world companies, I made my career in the USA fighting to get quality stuff installed, despite specifying quality. Too much junk proposed by 'the first world" contractors! Do not get me started on Made in USA junks now. We can start with cars...if you want. Now that is not to say that quality stuff is not made the USA. Just that junk is equally prevalent.
Much of the junks sold my 'first world' countries is NOT made in India but other countries, inclduing USA and most under their license or surpervision. A walk in your nearest departmental store or Big Box stores will reveal the names.
It just that you get what you pay for. Why would one go to a no-name company to buy a important piece of equipment? If some wants to buy cheap, that is exactly what they get.
Some quality stuff (not necessarily electrical) made in India is not "affordable" in the USA or 'marketable" in the USA by the time you add profit, freight and handling costs. That is one reason many do not see quality Indian products in foreign markets, as other Asian countries have relatively cheaper labor and different playing rules made by politicians.
Rafiq Bulsara