one thing particularly good about ISRO's recent strategy is to launch as many satellites as possible. It's cost effective and also helping academic satellites. and PSLV the workhorse of ISRO.
I guess they are. ISRO also has a plan to eventually let private players build complete PSLV system(currently they build 80% components) and operate them. Leaving ISRO to concentrate more on GSLV and reusable rocket more.