TheBlackCoat
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Right now it is Rafale and Sukhois
I don't think forty year old F-16s is anything to be grateful about especially the price points
Your Airforce does not want more Sukhois.
You government cannot afford more Rafales.
There are no other options but the US fighters.
The US has already approved selling GE-F414 to India for use in Gripen.
GE has already approved building GE-F414 in India as well (with about 60% Indian content)
With Gripen, India could only buy the engine.
With F-16s, India could assemble the engine.
India is looking for ToT and with Gripen deal ToT from US companies would be zero.