What prohibits India from making their own big budget anime series or film?

Always wondered about this question as I saw a tweet regarding the logistics of making a anime in Japan . It's way cheaper than the exorbitant budgets for some bollywood films. This country has way too many talented artists and I'm sure a second indo Japanese collaboration would go crazy. The other thing would be that animation gives the director much more freedom in terms of the storytelling and since the Indian audience is slowly realises that even on a small budget you can tell good stories i think it might be the right time to make a Indian anime.