Abingdonboy
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Yup, so even if you push them that far, and assuming little attrition losses, you'll need to replace 200+ of these as well by then, and they would be on their last legs.
MMRCA is going to replace Migs, FGFA we don't know when they will be available, so numbers would be same or less by 2032. Unless another 200 jets are procured.
FGFA will be available in 2022-4, LCA Mk.2 will be available from 2020 and is likely to see higher orders and a ramp up in production.
There's no need to be overly alarmist about this, 1 Rafale or MKI is equal to 4-5+ MiG-21/27 so even if, momentarily, the IAF's SQD levels dip the overall capability of the force will be expanding many fold to make it easily one of the most deadly airforces anywhere in the world. 2022-5 will see such a dip on overall SQD levels as the MiG-21s, MiG-27s and older Jags get entirely phased out but from there on force levels will be increasing year on year as more and more Rafales,MKIs, FGFAs and LCAs come into the force.
To see this as a numbers game only is incredibly naive.