Model Contract for Sale of products in India mainly used by foreign companies to export machinery, industrial supplies and consumer products to India. The contract is drafted from the standpoint of the exporting foreign company, but taking into account the commercial uses and practices of the Indian market and also the special characteristics of its business legislation.
This Contract includes all the most important clauses for exporting products to India: sale price, delivery terms, payment conditions, documents, risk of loss, resolution of disputes and governing law.
The Contract is in English, which is the standard language used when drawing up contracts between foreign and Indian companies, and it is valid in India. A guide in English on Negotiating Contracts in India provided with the contract.