There is still no word on when when field trials will start for the Medium Multi-Role Combat Aircraft fighter competition. (paid subscription required)
One of the issues that complicates this is mother nature: If the demonstrations do not finish by July, then they run into delays as a consequence of the monsoon season.
Current competitors for the medium fighter are the, “Boeing F/A-18, Lockheed Martin F-16, Eurofighter Typhoon, Mikoyan MiG-35, Saab Gripen, and Dassault Rafale.”
It’s intended to replace their fleets of older model MiG-21s, which are at end of life.
My guess would be the the MiG-35 has the inside track, the Indian AF already has operational experience with the MiG-29, though the least expensive over the life time is very likely the Gripen.
It’s unclear to me whether SAAB is submitting the base Gripen, or the improved Gripen NG.