India Green Hydrogen Industry Size and Long-Term Forecast
The India Green Hydrogen Industry Size is expected to grow as hydrogen becomes a critical part of the energy mix. The industry size is currently small but poised for exponential expansion. With massive investments planned, the sector could evolve into a multi-billion-dollar industry by 2030.
Government targets, combined with private sector investments and international collaborations, will be the key drivers for industry scale-up. Several key trends are shaping India’s green hydrogen market, including the localization of electrolyser manufacturing, public-private partnerships, and the integration of green hydrogen into ammonia and methanol production. Pilot projects for hydrogen mobility, such as fuel cell buses and trucks, are also emerging.