Waaree Energies under probe in US for duty evasion

Waaree Energies, India’s largest solar panel maker, is under investigation in the US for alleged evasion of anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations by labelling them as made in India.

The company said on Friday that it had cooperated with the US investigations in the past and would continue to do so in the ongoing one. Waaree abides by all applicable local laws and regulations in every country that it operates, it added.

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