I think your point is quite interesting, but given the small fleet of bangladesh, it can be easily attributed into a service rate margin factor for China+Pak. If our assumption is a 5% of perceived service rat for the hostile forces ,that is more than enough to factor in bangladesh's air force.
But unlike the IAF brass, I don't think IAF has enough platforms to even to position itself for Air superiority of pakistan, forget a two front war.
@Oscar @PARIKRAMA
Force projections are looking quite bleak even with the additional rafales, and MKI's.
So just as an exercise of what options can be utilized to required squadron strength in short term.
1> Jaguar Darin III upgrades with all post 98 airframes re-engined to a tuned GTX-35VS with a throttled 46KN and afterburner 78 KN spec. Approx 98 units - All units transferred to IN for Maritime strike role.
2> Follow on 36 Rafales - direct procurement.
3> 45 follow on Mig29K, as per Strategic Road map for IN
5> LCA 1P increase to 300 units.
6> 2 squadrons of used Mig29SMT from RuAF upgraded to UPG standard.