GREEN HYDROGEN

How to Invest in India’s Green Hydrogen Market by 2030

INDIA

In Short : India has declared its intention to acquire about 10% of the world market for green hydrogen, which is expected to reach over 100 million metric tonnes by 2030. Up to now, 19 enterprises have been given the ability to produce 862,000 tonnes of green hydrogen annually, which is bolstered by 15 companies receiving 3,000 MW of electrolyser manufacturing capacity.

Constructing a Sustainable Hydrogen Environment

Minister of State Shripad Naik disclosed at the FICCI Green Hydrogen Summit 2025 that India wants to become a major producer and a global export hub for green hydrogen. Given the quick development of production and manufacturing capacity, these allocations were granted under the National Green Hydrogen Mission and the SIGHT (Strategic Interventions for Green Hydrogen Transition) program.

Green hydrogen expansion has a solid basis thanks to India’s substantial growth in renewable energy infrastructure, which stands at 237 GW as of June 2025 (including solar, wind, and hydro). The country is presently ahead of schedule on its renewable energy targets, with non-fossil fuel sources accounting for more than 50% of installed capacity.

Impact and Significance of Clean Energy

An ambitious move in the energy transition is India’s plan to take a sizable chunk of the global green hydrogen market. Important industries including fertilizers, steel, aviation, and refining may decarbonize with sustainable alternatives by scaling up production and electrolyser capacity. Growing export preparedness and worldwide competitiveness encourage the use of clean technologies and strengthen India’s position as a leader in the development of renewable industries.