A source close to the Indian Ministry of Defence ensures that the MRCA contract between Dassault Aviation and India will not be signed before the end of the fiscal year in India, after the end of March 2013.
Could be expected for March 2013, the sale of French Rafale in India is likely to occur later ... After assuring wish to conclude exclusive negotiations conducted with the French aircraft manufacturer Dassault Aviation before the end of its fiscal year, which ends on March 31, India would be forced to wait several more months before finalizing the contract MRCA .
"At this rate negotiations, the chances of reaching agreement during this fiscal year is highly unlikely," said a source in the Indian Defense Ministry to AFP. "But we can expect some very positive movement after March," she added.
"The Rafale contract is in its final stages and we hope to be concluded within three to four months," had yet told Rakesh Sood, the Indian ambassador in France, Indian journalists gathered at the Indian House in London on November 6.
"The formal clauses were intended to ensure technology transfer and compensation, and Dassault Aviation has accepted", had then assured the ambassador.
Negotiations on the MRCA contract between Dassault Aviation and India runs from January 31, 2012. It concerns the sale to India of 126 Rafale fighters omnirôles.