By Feb 2021, we will have a handful of Rafales, probably 3/4th of a squadron, 32 LCA Mk1 and the last few MKIs being delivered by HAL. That's about it. We will also have a few batteries of S-400 and the army will get some MRSAM and Akash S1.
We will be slightly better off than before. Not to mention, the units with new systems like Rafale, S-400 and MRSAM will need a few years to get good.
2023 will be a whole different story though. Full fleet of S-400 and MRSAMs, 2 squadrons of Rafale, 1 extra squadron of MKI and Mig-29 each etc. Hopefully a squadron of upgraded MKIs also.