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India and Russia's joint military aircraft project still in limbo

There is another option:

Build C130js in India.

The Americans are proving themselves to be reliable partners. Imagine a c130 line in Inida. It could even lead to export orders if handled correctly.
 
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There isn't really an alternative in the AN-32 segment- perhaps the C-27J is the closest comparison- the MTA isn't even in the AN-32's segment.

The best case alternative is the C-130XJ now, see the disscussion:

Russia and India at odds over MTA powerplant

KC-390 is a good alternative if not favoring a propeller aircraft like the C-130.
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MTA is dead. Russians are dumping low quality engine

India should ask Tata to speed up C-295 indigenization
 
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