That is too optimistic a view to take. Few points here for me make it seem otherwise. The first and foremost reason is they are managing to retake some of the Middle East market and even managing to make new in roads.
Russia will not like other nations tinkering with their planes, and whatever you may believe, the French would have to get near a plane they are supposed to design an engine for.
Third, and honestly something I should not have to say, that is a very limited outlook which says they need us for now, let us deal with later, later.
Finally with the US making inroads into Indian markets, Russia knows from many markets that western goods are shiny and wrapped in pretty bows and irresistible to General's who decide what is needed for the armed forces. So they do not see the Indian market as they once used to, and the proof will be on the amount of bickering there will be on the 5th generation plane issue.
Anyway time will tell, but to look at it from a totally neutral point of view, things need to change otherwise the import bill will rise higher and higher.