Munoth Industries in talks with Reliance Jio to test its lithium ion cells

The first to make the cells in India, the company hopes to corner 60% of the power bank battery market

Chennai-based Munoth Industries, the first company in the country to start manufacturing lithium ion cells, is in preliminary talks with Reliance Jio to test its cells for mobile devices. 

Munoth, which is making lithium ion cells at its factory in Thirupathi, is also in discussions with Chinese consumer electronics company and mobile device maker Xiaomi and Amazon (which makes its own consumer electronics products under brand names like Basics) for power banks, and Indian consumer electronics company boAt for both power banks and wearables.

Most electronics and mobile device companies have been trying to reduce their dependence on imports. So far, they