KF-21 started long before that. And it will take until 2028 to achieve full maturity. It's effectively a 13-year program, the design stage started in 2015. Or at least 9 years after CDR. It's a pretty generic program on a sufficiently advanced airframe with greater potential for modernization than existing 4th gen.
After buying the F-35, they signed a deal with the Americans for ToT of 21 technologies, out of 25. The remaining 4; AESA radar, IRST, targeting pod, and RF jammer; are coming in via Europe.
They have a decently long program with core European technologies, plus a 7-year testing cycle using all sorts of proven technologies.
Otoh, IAF's programs come with technologies wholly developed in India. For example, KF-21's radar comes with Italy's TRMs and some back-end, Saab's software, and with Elbit flight testing it. The IRST is Italy's Skyward-G combined with a Korean back-end. The Mk2's avionics will be indigenous across the board.
What's commendable is their ability to stick to their schedule. But what allowed them to do that is their modest requirements. Make it a bit more complex and that will bring in unpredictability. We eliminated unpredictability by deciding to develop the avionics first.
MRFA will give us far more advanced capabilities, they are incomparable to what the Koreans are doing. Kinda like they are setting up their first 16 nm fab plant while we are working on 2 nm and better.
Btw, Mk2 production is expected to begin in 2029, with first deliveries scheduled for 2031. So a full squadron only in 2032.