In the calendar year (CY) 2019, India imported solar cells and modules worth $2.17 billion, a drop of almost 16% compared to CY 2018. In CY2018, the Indian solar sector had imported solar modules and cells totaling nearly $2.59 billion (~₹184.57 billion), a 37% decline from the $4.12 billion (~₹269 billion) recorded during the preceding year (CY 2017).