India's Solar Imports Are $2.9 Billion Despite 140+ GW Solar Assembly Capacity....

India has over 140 GW of solar module assembly capacity and is adding 40 to 50 GW every year yet spent $2.9 billion on solar imports in just 9 months of FY26. Why? Because assembly is not manufacturing. India imports 90% of its solar wafers and nearly 100% of its polysilicon from China.

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