Dassault Aviation is ready to sign a contract with India at any moment, but the ball is in India’s court, chief executive Eric Trappier told French daily Les Echos in an interview published on Tuesday.
The Indian defence ministry said in April protracted talks to buy 36 French Rafale fighter jets were nearing the finish line.
“We are ready to conclude (the sale) at any moment, the ball is in the Indian government’s camp,” Trappier was quoted as saying.
Asked about reports in Indian media that a bank guarantee was required for the deal, he said that was not the case since the deal was already guaranteed by the French state.
Asked about business jets, Trappier said: “Business jets are a good barometer of the global economy, and, this year, it will be difficult.”
The deal was scheduled to be concluded during French president Francois Hollande’s visit as the guest of honour at the Republic Day celebrations this year but was delayed due to protracted negotiations between both sides.
The nuclear-capable Rafale will be fitted with American AESA (active electronically scanned phased array) radar, top-of-the-line beyond-visual-range missiles and defensive weapon systems.