Green Hydrogen Market Size in India | Share by Source & Sector 2025

Q: What is the growth rate of India green hydrogen market?

The market is expected to grow at a CAGR of 16.5% between the forecast period 2025-2031.

Q: What are the major drivers of green hydrogen adoption in India?

Government policy, clean industrial demand, and renewable power availability are the key growth drivers.

Q: What sectors are expected to use green hydrogen first in India?

Steel, fertilizers, refining, and heavy transport are likely to adopt green hydrogen early.

Q: Is India focusing on hydrogen exports?

Yes, India plans to develop hydrogen export hubs and green ammonia corridors for overseas supply.

Q: How is India supporting green hydrogen infrastructure?

Through financial incentives, domestic electrolyser manufacturing, and public-private pilot projects.

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Code: MTA4441

Publication Date: Jun 2025

What is the growth rate of India Green Hydrogen Market?

According to 6Wresearch internal database and industry insights, the India green hydrogen market is expected to grow at a CAGR of 16.5% during the forecast period 2025-2031.

India green hydrogen market is accelerating with the several growth factors including the support of government-led missions, industrial demand for clean energy, and rising investments in electrolyser capacity and hydrogen infrastructure.

Key Growth Factors of the India Green Hydrogen Market

Launch of the National Green Hydrogen Mission targeting 5 MMT by 2030
Government incentives, viability gap funding, and PLI schemes
Industrial decarbonization efforts in steel, refining, and ammonia sectors
Abundant solar and wind resources enabling low-cost hydrogen production
Emphasizing focus on hydrogen-powered mobility and fuel cell vehicles
Strategic collaboration with global partners for technology transfer

India Green Hydrogen Market Trends

As, India is one of the developing countries who has large-scale green hydrogen hubs connected to renewable parks, the green hydrogen market is continued to grow. The demand of green hydrogen gas is rising from industrial clusters who are seeking cleaner fuels. Companies are entering long-term agreements for hydrogen supply. Blending hydrogen in natural gas and building hydrogen fuelling infrastructure are part of pilot initiatives. R&D is advancing in electrolyser efficiency and indigenous technology manufacturing.

Emerging Developments in the India Green Hydrogen Market

The India green hydrogen market is seeing emerging developments include port-based hydrogen export zones, use of green ammonia for storage and shipping, and cross-sector alliances for building hydrogen value chains. India is also collaborating with countries like Germany and UAE for technology, funding, and offtake agreements. Pilot projects in heavy transport and distributed hydrogen generation are scaling.