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Borosil Renewables has moved to exit its German solar glass business, with its step-down subsidiary GMB Glasmanufaktur Brandenburg GmbH filing for insolvency, as the company shifts focus to the fast-growing Indian solar glass market. An investor's bid has now failed, leaving over 200 employees facing layoffs. (Illustrative Photo; Photo Credit: Alberto Masnovo/Shutterstock. The company is shifting its focus to India, where surging solar power growth, supportive policies, and anti-dumping duties. .
