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Safeguard Duty and Market Slowdown Lead to Decline in Indian Solar Imports in Q2 2018

Solar imports declined by approximately 60 percent over the previous quarter

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India’s solar imports declined drastically in the second quarter (Q2) of calendar year (CY) 2018. Solar modules and cells worth $436.6 million were imported by India in Q2 CY 2018, almost 60 percent less than the ~$1 billion of solar cells and modules imported by India in the previous quarter, Q1 CY 2018.

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