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Solar Exports Surged 6,293% YoY in Q1 2023, Imports Fell 34%

U.S. accounted for 99.2% of solar exports from India

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India exported solar cells and modules worth $479 million (~₹39.5 billion) in the first quarter (Q1) of the calendar year (CY) 2023, a staggering increase of 6,293% year-over-year (YoY), according to Department of Commerce data.

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