There will be a need for single engine point defense aircraft.
The famous design bureau is betting on its extensive experience, brand awareness, and the fact that, according to Sergey Korotkov, “the global market for this jet fighter is quite large”. MiG has decided to follow the same path that its main Russian competitor Sukhoi followed in the 1990s. This path involves reorientation to global markets and attracting foreign financing for building new aircraft. The difference is that Sukhoi took to this path during booming development, inherited from the Soviet era, while MiG perforce took this path at a stage when it has no defence contracts.
Link: