India has been getting these Tu16 , Tu22 and now Tu160 buying rumor's since decades! Come on - IAF is struggling with Sukhoi Serviceability issues apparently due to sanctions, do you think India will go for Tu-160 which will quickly turn from "white swan" to "white elephant" to dead albatross around neck for India?
The only way forward is develop your own platform. RTA, UCAV's are distant but good steps towards building one near future. India needs money to Bolster no of fighting units/better training /better spare parts stocks for better serviceability for Airforce. I never understood Why not build something around Al31F's! You don't need to build a complex RSS, unstable design. Just a simple bomb truck.
If Armed forces still indulge in buying white elephants over increasing fighting edge of common soldier/pilot, the I am sorry we are far away from being taken seriously.