The best option is the SMX Ocean. Greater cruise speed, greater endurance, greater range and pumpjet propulsion. It should easily be able to manage greater depths also.
Cruise speed is 14kn, while other subs can only manage up to 8kn. Endurance is 90 days for a crew of 60, while most other subs can manage 45-50 days with a crew of 30-35. And range is 18000nm versus 6000 to 12000nm on other subs. This makes the SMX Ocean a proper ocean going sub. What it means is the sub can go underwater to Malacca Strait in a week all the way from Vizag, stay underwater for a month, and then head back to Vizag underwater. So it can perform a full 45-day mission completely underwater from its home port at a range of 2000-2500Km. This is entirely impossible for all other subs, including Soryu.
Of course, all this comes at 2x the cost of other subs.
The next best option would either be the Type 216 or a larger Scorpene. But out of these two subs and the Soryu class, only the Soryu exists, while the other two are just paper boats. Any Russian option is also a paper boat, IN won't be interested in another Kilo class. Sweden does not have one either. So Soryu is practically the default option, while all the other designs are risky. But the Japanese have not replied to IN's RFI. So there's a good chance Soryu will not be an option. Only France, Germany, Russia and Sweden are competing.