India’s Energy Transition is Accelerating — and Green Hydrogen is at the Center of IT
India is entering a defining decade in its energy transition journey. As the world accelerates toward decarbonization, green hydrogen is emerging as a cornerstone of India’s long-term energy security, industrial transformation, and export competitiveness strategy. Backed by strong policy direction and expanding renewable capacity, the India Green Hydrogen Market is transitioning from pilot-scale deployments to large industrial ecosystems. Market Overview The India green hydrogen market was valued at approximately USD 4.88 billion in 2025 and is estimated to rise to nearly USD 5.61 billion in 2026 , before reaching around USD 19.52 billion by 2035 , expanding at a CAGR of 14.8% during 2026–2035 . Growth is primarily driven by: National Green Hydrogen Mission implementation Renewable energy capacity expansion Industrial decarbonization mandates Export-oriented green ammonia strategies Production Linked Incentive (PLI) support for electrolyse...