India exported solar cells and modules worth $561 million (~₹46.4 billion) in 2022, an increase of 321% year-over-year compared to $134 million (~₹11 billion) in 2021. The United States continued to be India’s largest market for solar exports in 2022. The exports to the U.S. increased in the second half of 2022 as the country restricted shipments of solar components from China due to concerns over forced labor. The exports in the October-December period alone accounted for nearly 66% of the full-year exports.