India: Imports of solar cells and module (by calendar year, value in USD)

Last Modified: Mon Jun 01 2020 02:10:15 GMT+0530 (India Standard Time)
  • $2.88 billion
    2016 (₹194 billion)
  • $4.12 billion
    2017 (₹269 billion). Increase of 43% y-o-y
  • $2.59 billion
    2018 (₹184.57 billion). Decline of 37% y-o-y recorded mainly due to demand slowdown and imposition of 2 year safeguard duty on imports from Malaysia and China.
  • $2.17 billion
    2019 (₹154.07 billion). Decline of 16% y-o-y recorded mainly due to demand slowdown and imposition of 2 year safeguard duty on imports from Malaysia and China. While imports from countries like Vietnam and Thailand saw exponential growth of 217% and 267% respectively, imports from China, Taiwan, and Malaysia declined by 21%, 81%, and 79%, respectively as compared to CY 2018.