Solar Imports Grew by 34 Percent Year-over-Year, Exports Declined 58 Percent in the First 11 Months of Financial Year 2016-17

May 16, 2017

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In the 11 months from April to February in financial year (FY) 2016-17, export and import activity totaling $2.61 billion (~Rs.175.7 billion) was registered in the Indian solar sector, according to Department of Commerce. This was $554 million (~Rs.39.9 billion) more compared to import and export activity worth $2.06 billion (~Rs.135.8 billion) in the same period in FY 2015-16.

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Raj Prabhu

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Solar Imports Grew by 34 Percent Year-over-Year, Exports Declined 58 Percent in the First 11 Months of Financial Year 2016-17

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