Solar Imports in CY 2020 Down by 78%, Exports Declined by 67%
The downward trend may be attributed to lower demand due to COVID-19 disruptions
January 29, 2021
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In the calendar year 2020, India imported solar cells and modules worth $475.78 million (~₹34.7 billion), a 78% drop compared to CY 2019. In CY 2019, the Indian solar sector had imported solar modules and cells worth nearly $2.17 billion (~₹158.29 billion).
Rakesh Ranjan
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