Renaissance shows interest in investing ₹5,000 crore in CBIC area: Minister

Minister M.B. Patil stated that Renaissance Solar and Electronic Materials Company, which is a partner of India-America, has shown interest in investing ₹5,000 crore in the Chennai-Bengaluru Industrial Corridor (CBIC) area. During a meeting at the Mineral Bhavan in Bengaluru on Thursday, he held detailed discussions with the company's Chairman and CEO, Dr. Milind S. Kulkarni. The company requested 100 acres of land for establishing a 5 GW capacity solar in-gaut and wafer manufacturing unit in the CBIC area.