Here's a nightmare scenario for you. If for some reason the islamic radicals inside Pakistan are able to take control of that country's government, they will have access to nukes and a nuclear capable taliban or al queda is not what the world needs. India no doubt would be one of the first targets; we soon after.
126 may not be enough after all.This figure was first put it in 1999 & was slated as massive buy of French Mirage-2000 5 jets as replacement for the Mig-21 & Mig-23s.Given the delays in the Indian LCA project as well as the slow pace of this purchase,the number will probably be jacked upto about 180-200 aircraft to cover for the retirement of Mig-27 & early Jaguar fighters.It also makes political sense too as more numbers means that a 2 aircraft buy seem possible.