I'll believe it when I see it - the French and Indian officials have a lot of work to do to make this work, and the Indians are hard work to deal with.
Given how much the French government is promising in terms of 'off the shelf' aircraft, I wonder how badly the French Air Force will be cannibalised to provide this. Also how other interested parties looking at Typhoon and Rafale will react when they do the sums on the deal and work out how much more the French are charging them than the Indians...