India plans to reduce dependence on China in making power banks

New Delhi: The power bank that charges up your mobile phone in a jiffy may be manufactured or assembled in India, but it is invariably designed in China. India now plans to reduce this dependence on China in the growing market of power banks and open a first-such design hub here for ‘power bank’ products, thereby reducing the significant foreign exchange outgo India incurs on this.

This Centre of Excellence will open in Noida with Centre for Development of Advanced Computing (C-DAC) collaborating with the industry to design power banks and other products based on lithiumion batteries, as per a proposal reviewed by ET.