India is aiming to become a global hub for green hydrogen, with plans to capture nearly 10% of worldwide demand by 2030. Union Minister of State for New & Renewable Energy, Shripad Yesso Naik, shared this vision while speaking at the FICCI Green Hydrogen Summit 2025.
The government has already awarded 8.62 lakh tonnes per year of green hydrogen production capacity to 19 companies. Additionally, 3,000 MW of electrolyser manufacturing capacity has been allocated to 15 companies under the SIGHT scheme. 5 states have also announced their green hydrogen policies, focusing on land allocation, renewable power banking, water availability, and the development of hydrogen hubs.
Over 100 green hydrogen standards and protocols have either been adopted or are being developed to ensure safety and quality. The National Green Hydrogen Mission, launched in 2023 with a budget of ₹19,744 crore, is driving these efforts.
The minister highlighted the need for financial support and innovation to reach the targets. Measures like green bonds, viability gap funding, and support from multilateral banks will play a key role. Technological improvements in solar, offshore wind, and electrolyser efficiency are already helping reduce costs.
Pilot projects have been launched in industries such as steel, transport, and shipping to test the direct use of green hydrogen. So far, 23 R&D projects have been approved, and more than 100 proposals are under review. Green hydrogen testing facilities are also being set up, with three projects already underway.
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To meet the mission’s target of producing 5 million tonnes of green hydrogen by 2030, India plans to add 125 GW of renewable energy capacity dedicated to green hydrogen production.
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The India–EU Hydrogen Task Force will soon begin work to align strategies and create business partnerships. The EU representative stressed that collaboration between businesses, not just governments, will be crucial for success.
India is positioning itself as a key player in the global green hydrogen market. With strong government backing, industry participation, and international cooperation, the country is on track to achieve its ambitious target of capturing 10% of global demand by 2030.
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Published on: Aug 20, 2025, 12:42 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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