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India's Green Hydrogen ecosystem: August 2025 Strategic opportunities, key challenges, and demand potential
India is uniquely positioned to become a global leader in the production, utilization, and export of Green Hydrogen, leveraging its abundant renewable energy resources, policy momentum, and rapidly growing domestic demand. The National Green Hydrogen Mission (NGHM), launched in January 2023 with an outlay of INR19,744 crore (US$2.4 billion), aims to establish an annual Green Hydrogen production capacity of 5 million metric tons (MMT) by 2030. This initiative is expected to mobilize investments exceeding INR8 lakh crore (US$91.95 billion), create half a million jobs, and reduce fossil fuel imports by INR1 lakh crore (US$11.49 billion) annually, while abating 50 MMT ...