Very nice. The Rafale is an underappreciated fighter. Will they be getting the updated AESA or the old PESA? We'll get ready for media articles telling us how IAF Rafales managed to detect and lock onto J-20s from 1000km away.
But seriously, this is a massively competent fighter if they bring Meteor onboard and if it gets the new AESA. Bit of a letdown for India's domestic industry though. Investing all that money (if they persist with >100 orders). It will no doubt be better than what domestic industries can bring in the short term, but this sets them back just that much further in terms of developing their own aircraft design and manufacturing industry. Everyone who is behind needs to start from somewhere relatively modest but great if they get isolated or broad breakthroughs to leapfrog in certain areas. At the moment that doesn't seem like it can happen with the absolute absence of cohesive organisation and proper political backing.
The LCA was a good idea on paper and if they poured the funds to really develop in that direction, India's domestic industry may genuinely be a bit further towards actually capable of developing their AMCA. At the moment, we'll wait and see about that. In the meantime, Turkey and Pakistan are partnering up for their 5th gen fighter program. If they get the correct isolated support for sub-systems and partner with Russian, European, and Chinese suppliers, they could make their design a reality. By then MKI and Rafale will seriously need a 5th gen to supplement them.