Surely this just goes to show how reliable a system the dynamo is
By contrast, the brand new alternator fitted to my daughter's Minor didn't last nearly as many years or miles as my dynamo brushes before another new one was required.
I would agree with you on the reliability of dynamos - they were likely well over-engineered. But I would disagree about contrasting dynamos with alternators. Admittedly, like all modern items, they are most certainly not so over-engineered! But solid state regulators don’t often give bother, drive-end bearings likely fail because the belts are cr*ppy resulting in being over tensioned (but a new bearing is peanuts). Rectifiers are more reliable these days (but they will not put up with back emf spikes). I’ve only bought two exchange alternators in 50 years - and one proved unnecessary as it was found to be an intermittent fault in the wiring harness (car had clearly been bent before I bought it - but it was cheap enough).
You only need to look back at the number of failed control box reports, on the forum. I don’t think I have ever changed one, so never come across one made in a shack somewhere in India. I still have one that I think was removed from the Ford Cortina Mk1 when we changed to an alternator
My first alternator on a car was a derated Lucas ACR, previously fitted to a tractor. It was adequate, and far better than the dynamo it replaced - not much extra amperage, but delivered full load at nearly all engine speeds. That one was only replaced because we started using about 1/2kW just on the front lights alone!
I expect many alternators are exchanged because the outside brush needs replacing. A case of ‘replce it, don’t fix it’. I suspect that most “brand new” alternators are likely refurbished, not actually new.