Green Hydrogen Report

India’s green hydrogen sector is on the cusp of transformative growth, propelled by robust policy interventions, ambitious targets, and unprecedented investment opportunities. The National Green Hydrogen Mission (NGHM), launched in January 2023, stands at the core of this transition, aiming to establish India as a global hub for green hydrogen production, utilization, and export by 2030. NGHM targets 5 MMT annual production, 125 GW of new renewable energy, ₹8 lakh crore in investments, and 600,000 new jobs. It is also rapidly emerging as a cornerstone of India’s clean energy transition, mirroring the paradigm shift seen in the broader renewable energy sector. The sector is set to play a pivotal role in decarbonizing industry, enhancing energy security, and positioning India as a global leader in the hydrogen economy by 2030.

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