India Green Hydrogen Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The India Green Hydrogen Market is estimated to grow at a CAGR of around 20.76% during the forecast period, i.e., 2025-30.

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India Green Hydrogen Market Dynamics: 2025-2030

India Green Hydrogen Market Driver:

Increasing Government Support for the Production of Green Hydrogen– Green Hydrogen plays a critical role in decreasing the dependence on energy imports, safeguarding the environment, and satisfying the growing energy needs across the country. In relation to this, Indian government are developing hydrogen strategies and taking necessary initiatives by providing their support to drive economies towards green hydrogen in refineries, fertilisers, and gas networks across the country.

India's commitment to raising global supply chains and advancing relevant technologies has gathered significant interest from scientists, investors, and government bodies, particularly in the widespread adoption of green hydrogen. For instance, in 2021, India announced the National Hydrogen Mission with the objective to make India a global green hydrogen production and export hub. In lieu of this, the ministry of New and Renewable Energy is working on the mission to develop ethical competencies and to make optimum use of green hydrogen in potential areas by lowering its costs. Thus, the consistent government policies and support towards the production of green hydrogen, the market growth is anticipated to increase in the forthcoming years.

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India Green Hydrogen Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Technology

-Proton Exchange Membrane Electrolyzer– Market Size Forecast 2025-2030F (Thousand Tons)

-Alkaline Electrolyzer– Market Size Forecast 2025-2030F (Thousand Tons)

-Solid Oxide Electrolyzer– Market Size Forecast 2025-2030F (Thousand Tons)

-Others– Market Size Forecast 2025-2030F (Thousand Tons)

By Energy Source

-Solar– Market Size Forecast 2025-2030F (Thousand Tons)

-Wind– Market Size Forecast 2025-2030F (Thousand Tons)

-Other Renewable Sources– Market Size Forecast 2025-2030F (Thousand Tons)

Based on Energy Source, solar are predicted to go hand in hand for the production of green hydrogen during the forecast years.

By End Users

-Power Generation Energy Storage– Market Size Forecast 2025-2030F (Thousand Tons)

-Automotive Transportation– Market Size Forecast 2025-2030F (Thousand Tons)

-Refineries Petrochemicals– Market Size Forecast 2025-2030F (Thousand Tons)

-Others (Food Beverage, Steel, Cement Industries, etc.) – Market Size Forecast 2025-2030F.

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Top Companies Operating in the India Green Hydrogen Market:

-Cummins India

-HydrogenPro AS

-MHI

-Stiesdal A/S

-Siemens

-Thyssenkrupp

-Acme Group

-Azure Power

-Adani Group

-Reliance Industries Ltd.

-NTPC Limited.

 Industry Recent Development:

• 2023: Adani New Industries invested USD 50 billion in Green Hydrogen in collaboration with TotalEnergies to create the world’s largest green hydrogen ecosystem.
• 2022: Reliance Industries invested USD 10 billion to generate 100 GW of solar electricity from renewable sources to produce green hydrogen by 2025.

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