India Green Hydrogen Industry Growth Supported by National Hydrogen Mission
The industry is experiencing significant India Green Hydrogen Industry Growth driven by green energy investments. The industry growth is expected to be robust, supported by declining renewable energy costs and favorable policy interventions. Growth will also be driven by India’s ambition to emerge as a global export hub for green hydrogen.
Long-term growth will depend on scaling electrolyser manufacturing, enabling financing mechanisms, and ensuring stable demand from heavy industries and international buyers. The market growth is being propelled by India’s decarbonization goals, falling renewable energy costs, and strong government support. Green hydrogen is identified as a key pillar in achieving India’s net-zero target by 2070. With rising investments and technology collaborations, the sector is expected to experience double-digit annual growth rates through the 2030s.