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BCD Effect: India’s Solar Imports Down, Exports Surge 642% YoY in Q3 2022

On a QoQ basis, exports went up by 499% to $157 million

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India exported solar cells and modules worth $157 million (~₹12.76 billion) in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 642% year-over-year (YoY) compared to 21.17 million (~₹1.72 billion), according to Department of Commerce data.

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