https://www.theuiaa.org/documents/mountaineering/Indian-Mountain-Festival18...
Seems the IMF is really pushing ahead with these. They've had them in previous years on the Bara Shigri Glacier (a bit late in the season though) and on the Nun-Kun massif (reportedly pretty crowded) but now they're running four all in one year, at different times in different locations.
The fee for foreigners is not a total bargain, but for anyone who hasn't organised a Himalayan expedition themselves before, it might provide a good introductory experience, as much of the paperwork will seemingly be sorted for you. If you managed to climb two decent peaks in the three weeks then it would probably end up being good value. They may well be a fun social experience too, if you want them to be.
Obviously there could be questions over environmental impact - so many in such a concentrated place - but it need not be a problem if managed well. I think it's good that India is experimenting with this kind of thing because for many climbers, particularly the inexperienced, it makes more sense and might provide a better foundation than everyone faffing around on their own and not getting much done.