the cracking you are seeing is the paint on top of seals cracking.
obviously, with aircraft, different materials expand and contract at different temperatures and rates. Its not ideal for paint because lets say the seal contracts, with the surface around it expanding, the paint is going to crack.
Airbus actually had this issue on the A350, so what they did is place a layer of mesh on top of the composite for the paint to bond to, this way, the surface which the paint adheres to expands and contracts in a uniform manner, preventing the cracking. Obviously, this worked alot better in theory than paper, hence the qatar airways scandal.
View attachment 161657
You can see it very well here, the mesh below and also the paint above.
PAF aircraft tend to look quite good as we repaint our aircraft very, very frequently. Other forces do not. If you compare some UAE or HAF F-16's, wow, they look rough, whereas PAF ones always look mint.
All in all, the finish on that Tejas is nothing surprising, its clear the IAF does not repaint their aircraft as much, and they probably should have picked a more polished example to display, but it doesn't say a ton about processes and quality. The other day, i was speaking to some pilots of a Falcon 8X who were showing me around their aircraft, it was a stunning plane, but when i got up close i thought damn the paint is terrible, cracking on seals etc, thin spots and all, but really, this is standard for aviation, paint is expensive and requires downtime, as long as its mostly there, its not an issue, really, the main thing with the paint is it prevents corrosion.