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In reservoir terms, it would necessitate at least 30 reservoirs the size of the Tehri Dam, which holds 4 BCM. Constructing a single Tehri-sized dam takes a decade, so even if India began building 30 reservoirs immediately, impoundment would not start for at least another 10 to 12 years, leaving Pakistan unaffected in the interim.
Finding land for such reservoirs in the densely populated Himalayan region is nearly impossible, and sustaining the blockade would require 30 new reservoirs annually—an infeasible proposition."
https://swarajyamag.com/defence/indus-waters-treaty-why-india-cant-weaponise-water-against-pakistan-yet
Basically, the IWT just put on paper the best practical reality for both countries. Nothing has changed since then and any talk of IWT repudiation is just rhetoric and even if it is done, there will be no impact on the ground.