Status quo has already changed big time.
Interesting how these peace inquiries happened after the Quad meet in Japan.
India has long assumed its northern border would remain quiet... that two front war was just on paper, and never truly prepared for it. That has now changed. Not only this but the Quad isn't interested in a NATO type alliance with India as long as Kashmir remains hot. Multiple negative consequences that Quad can't simply ignore. India can not continue to pursue deep ties with the USA and pretend that Kashmir is a non issue. I believe this was laid out at the quad meeting.
India has to do some soul searching, IMO. Status quo has changed, whether they like it or not.