Answer
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The feedback from customers has been a mix of Indian panels at par with Chinese counterparts and some say Indian panels are a bit inferior to Chinese counterparts. The writing is not yet on the wall but if Indian OEM succeeds in gaining larger share of global markets via exports the same will be laid to rest.
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As per our understanding, Waaree Energies has got repeat orders from the same customers in US, which makes us believe their panels are of acceptable quality.
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For US customers certifications of panels are very critical, as the lender would check all the documents and certifications before processing the loan. Also credibility of OEM to deliver in timely manner and guarantee performance over the contract period would be in focus from purchaser end.
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