Power & Energy Trends

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...

The Reserve Bank of India (RBI) data reveals that the per capita gross national disposable income of India increased from INR 1,44,524 crore in the financial year (FY) 2018–2019 to INR  1,54,349 crore in FY 2019–2020. The apex bank also states that the gross national disposable income of the country grew from INR 1,91,78,372 crore in FY 2018–2019 to INR 2,01,28,484 crore in FY 2020–2021. The surge in disposable income has improved the living standards of the people, owing to which the country is observing the large-scale adoption of aesthetically enhanced products. Thus, the increasing consumption of aesthetically improved products will drive the Indian metal polish market at a CAGR of 4.6% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue stood at $26.51 million in 2019 and it will reach $37.10 million by 2030. The growth can also be credited to the surging use of metal polishes in the marine industry. These polishes are used on a cargo...