India’s Solar Imports Decline, Exports Increase In Q1
Cumulative Solar Imports To India During Q1/2019 Decline 40% YoY As Chinese Contribution Dropped To 80% From 91.5% Last Year Thanks To Safeguard Duty; Domestic Manufacturers Improve Solar Exports By 74% Annually: Mercom
According to Mercom India Research, solar imports into India in the first 3 months of 2019 declined 40% thanks majorly to safeguard duty imposition, but it was a good period for domestic manufacturers as solar exports from India increased 74% with Vietnam taking the maximum shipments.
