Ok, i will give you a different perspective as to why we are in a holding pattern.
There is an ongoing debate globally where one group is trying to convince other groups (who are happy with the status quo), that CCP needs to be taught a lesson for wreaking havoc around the world with their virus, and their belligerence in the aftermath.
CCP anticipating this scenario decades in advance, have been spending billions across the globe for decades buying influence and control precisely to counter this eventuality.
a lot of what happens next, depends on the outcome of this debate.
India is also part of this debate, and we have already demonstrated our hard commitment to the cause by mobilising our troops along Tibet border facing PLA, and also committing for our role in the Quad.
In return India is asking for the following things:
1) We want to become a 5 trillion $ economy at the earliest.
2) We want to become a manufacturing power house.
3) We want to have a permanent seat at UNSC high table.
4) We want access to new weapons & tech.
If you think, India is the solo player in this.. Think again..
We also need to remember, Other groups might also prefer a compromise with a slap on the wrist for CCP, and we would end up looking like fools.
all outcomes are possible at the moment. No point getting frustrated, this is a long game.