RE: CyanConnode .....15 Feb 2022 12:20
JC has confirmed that circa 10 Million Smarts have now been installed in India. Who, or what is inside the vast majority is still unknown, but India need to be fitting over 4 Million every month now to meet the December 2023 deadline. Going by JC's own 'conservative' estimate at 7.5% win rate, they will need around 300,000 units every month to keep supply. IF this ever starts to happen, CC will not have pockets deep enough so will trigger one of two options. The trusty placing, at massive scale, will be first. If that doesn't provide what's required, CC getting taken out will be 2nd.
All IMO.
India has started their part, and it appears to be building fast. CC need to be involved very soon to confirm anything like JC's estimate.