India Targets 10% Share In Global Green Hydrogen Market By 2030

Government awards 8.62 lakh tonne capacity, 15 states notify policies, mission expected to mobilise Rs 8 lakh crore investment and create 6 lakh jobs
India is targeting a 10 per cent share of the global green hydrogen market by 2030, with the government awarding over 8.62 lakh tonne of annual production capacity to 19 companies and 15 states notifying policies to support the emerging sector, Shripad Yesso Naik, Minister of State for Power and New and Renewable Energy, said on Tuesday.
Speaking at the FICCI Green Hydrogen Summit 2025, Naik said, “India aims to position itself not only as a major producer but also as a global hub for exports. “Our ambition is clear—we want to capture nearly 10 per cent of global demand,” he said.
As of June 2025, India’s non-fossil fuel capacity stood at 246.28 GW, accounting for more than half of total installed capacity, five years ahead of schedule. This included 119 GW of solar, 52 GW of wind, 49 GW of large hydro, 5.1 GW of small hydro, and nearly 12 GW from other sources, in addition to 8.78 GW of nuclear power.
The government has set a target of 500 GW of non-fossil fuel capacity and 5 million metric tonne (MMT) of green hydrogen production by 2030. Meeting that target would require an additional 125 GW of renewable power dedicated to hydrogen production, Naik said.
The National Green Hydrogen Mission, launched in 2023 with an outlay of Rs 19,744 crore, underpins this effort. It supports electrolyser manufacturing, demand creation, research and development, streamlined regulations, and international partnerships.
So far, 3,000 MW of electrolyser manufacturing capacity has been awarded to 15 companies. On the production side, 8.62 lakh tonnes of hydrogen capacity has been allocated to 19 firms, while 7.24 lakh tonnes of ammonia production is under evaluation. Bids have been received at Rs 52 per kg, officials said.
Private sector participation is fuelling gigascale projects, manufacturing facilities, pilot mobility schemes, and global partnerships. Fifteen states have notified policies facilitating land allocation, renewable power banking and the development of hydrogen hubs.
Sudeep Jain, Additional Secretary at the ministry, described green hydrogen as “a new currency of energy integration,” adding that the mission is expected to mobilise Rs 8 lakh crore in investment, create over 6 lakh jobs, and abate nearly 50 MMT of carbon dioxide annually.
Jain stressed that scaling up hydrogen goes beyond production. “It is about creating a complete ecosystem,” he said, citing demand creation in steel, fertiliser, refining, and shipping, as well as infrastructure for storage, transport and pipelines.
Pilot projects have been launched across multiple sectors. These include five projects in steel, retrofitting two ships with hydrogen bunkering facilities, and mobility pilots involving 37 hydrogen vehicles and nine refuelling stations. Four hydrogen valley clusters are underway in Jodhpur, Bhubaneswar, Pune, and Kerala.
India has already adopted 128 of 140 recommended standards and launched a green hydrogen certification scheme in April 2025. Twenty-three R&D projects worth Rs 115 crore have been sanctioned, five testing facilities approved, and proposals for Centres of Excellence are under review.
“If we succeed in high-efficiency electrolysers, hydrogen-based fuel cells, and advanced storage and distribution, India will become a major exporter of solutions to the world,” Jain said.