Again, I hear you and relate to a lot of things you said. As I get older though, those things seem trivial and I’ve learnt not to idolize one culture/lifestyle over others. You realize that’s just the way people are in that part of the world and it’s not due to malice.
I wouldn't be too sure about it not being due to malice. All too often, what is plentiful is treated with contempt and not respected. One thing that is available in plenty in this side of the world is human capital. I'll leave you the dots to be joined.
It's not just the "lower tech companies", btw. It depends on many factors which include but are not limited to, prevailing company culture, your immediate manager, the existence of an implicit (or explicit) cabal that calls the shots in your team -- which cabal could well exist because its members passed out of the same three-letter institute, say ...
Which is just a long-winded way of saying that your soul is liable to be crushed in any kind of company in India if you have the misfortune of being in the wrong place at the wrong time.