ajaybhutani

india has a totally different way to look at the deal.
1. Cost per plane for the ones purchased of shelf.
2. Cost for making production capacity in india. (they wont go anywhere below full ToT)
3. Cost per plane in india.
And then the total cost per plane. ( averaging out the ones purchased off shelf + production capacity cost.+ units produced in india).

if india can get 2 Mig35's for the price of 1 F16. then we all know what will be the decision.

Spares etc cannot be used to loot india as india will not go any less then full ToT.

Second thing will be weapons ECM pods etc.
India will of course want the s/w code for weapons controller.(to make sure it can put in its stuff in the plane).
AMRAAMS can be purchased if found better than R77 etc but that will come as a different deal. ( from the way they go with russia.). As they will buy a small amount first to compare the missiles themselves.( AMRAAM with R77) and then make a decision. Furthermore the local missile ASTRA is also in progress. so purchases will not be big.
Similar comparisons will be done with /ECM pods etc. before making a decision.
126 aircrafts is a big deal. and the whole difference between indian and greece deals lie in a fact that greece doesnt have options other than US while india has. That itself take away all the overpricing US companies can ask for.