Sure US not gonna share AESA technology and their sources codes etc. F16 would become potent platform for IAF only of they comes with very long range missiles like Meteor. I don't think our military planners will ever have a doubt with F16 airframe.
24 su35 was 2 Bil some 3 years ago.
Pakfa will cost more than 100 mil per plane alone
Radar avionics weapons can be purchased with TOT from Israel Sweden France/UK /eu. Of US can't give us TOT on Critical technologies
Israel can't give ToT on U.S designed or U.S funded systems without U.S permission, and as for Sweden,France, and UK I guess they would give some ToT, but so would the U.S
pretty sure Lockheed could work with India to advance your radar and engine technologies.
we have already moved on to 5th gen technology, 5th gen radar,5th gen avionics, 5th gen engine.
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I can see this kinda deal.
India needs 11 squadrons=198 birds
deal for F-16
72 made in the U.S F-16= $8 billion
126 made in India=$8 billion
cost to build depot to build and maintain the F-16=$1 to $3 billion
weapons package (JDAM,PAVEWAY,MAVERICKHARPOON,HARM)=$4 billon
setup so make in India JDAMS and other weapons.
all and all for 198 of the most advance Falcons,depots, and weapons you are looking at a $20 billion dollar program
this could all be achieved by 2022/23