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I kinda feel the opposite. Seen as some backwater third world country 30 years ago, to the most populous country in the world, a democracy aligned to its own goals forming a third pole in the global order apart from the US and Russia/China.
Even their reputation as scammers comes from the insane growth of English-language tech work that is now focused in India.
I don't know if "the most populous country in the world" is really something to brag about nowadays. And if I'm not mistaken, approval of the current gov't isn't really across the board. I understand the scamming being a thing because of the amount of people, that's just gonna happen everywhere, but it says a lot about the lack of regulation out there where it can happen so blatantly.
Sure population isn't everything but it helps them throw their weight around economically.
That's true, It's huge market for capitalism