No brand has really tried what I am thinking about. People may believe others tried and failed, but in reality, they haven’t actually done it.Many local brands have tried doing this in the past. With inconsistent levels of success. I am wondering if this is caused by a brand and story telling issue. People don't have a problem with buying Indian manufactured "foreign brand" cars.
In India, many audio brands focus on storytelling and advertising. But they have not built real trust or created a strong emotional connection with people in the way I am imagining.
This is not directly related to audio, but it explains my point. Ferrari did not become famous by doing a lot of ads or storytelling. They did not advertise in every newspaper. Instead, they built their reputation through Formula 1. Their investment, fame, trust, brand value, and luxury image all came from their performance in F1. Before joining Formula 1, Ferrari was just an ordinary car manufacturer. F1 made them special and premium.
Indian audio brands today are like that early Ferrari. They focus on ads and storytelling, but they have not shown their engineering strength on a global stage. They have not built a true premium image yet. Many brands only focus on profit. They try to sell anything they think people will buy and often give poor after-sales service. But trust and brand value are not built in one day. If a company only focuses on profit, it will never build real trust. Profit is important for any business, but trust is what keeps the business alive.