In calendar year (CY) 2017, the Indian solar sector imported solar modules and cells totaling nearly $4.12 billion (~₹269 billion), a 43 percent increase from the $2.88 billion (~₹194 billion) recorded during the preceding year. In 2017, Indian solar exports also grew as cells and modules worth $132.29 million (~₹8.6 billion) were exported, registering a growth of 16 percent from 2016 when the figure stood at $114.3 million (~₹7.7 billion), according to data from the Department of Commerce.