Then again, tell me when India can independently produce a 5-th generation fighter jet without any outside help. Or an anti-satellite weapon. Or a carrier-killer ballistic missile, or even a simple ICBM which we have had since the 1970's.
As before, India is the number 1 "importer" of foriegn weapons, while China is the 6th largest "exporter" of weapons.
China wants to be able to produce everything indigenously, so we can mass produce such equipment during times of war with our large industrial base.
Also, putting more money into your own arms industry will boost the domestic economy, and create more jobs right here in China.