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Solar Imports Up 72% YoY in Q1 2021, Exports Show a Marginal Drop of 19%

Solar imports and exports showed significant growth as compared to the previous quarter

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In the first quarter (Q1) of the calendar year (CY) 2021, India imported solar cells and modules amounting to $259 million (~₹18.93 billion), a 132% increase compared to Q4 CY 2020. The numbers are 72% higher than $150.57 million (~₹10.83 billion) during the same period last year.

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