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Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019

Although there was an increase on QoQ basis, solar module and cell imports in Q3 2019 was flat compared to Q3 2018

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In the first nine months (9M) of 2019, India imported solar cells and modules worth $1.6 billion (~₹115.7 billion), a drop of around 22% compared to 9M 2018. However, exports in 9M 2019 amounted to approximately $135 million (~$9.5 billion), an increase of about 46%.

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