India Green Hydrogen Analysis: Trends, Size, Share and Outlook 2025–2033 | Get Free Sample Report

According to IMARC Group’s report titled "India Green Hydrogen Market Size, Share, Trends and Forecast by Technology, Application, Distribution Channel, and Region, 2025-2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

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India Green Hydrogen Market Overview

The India green hydrogen market size reached USD 1,400.00 Million in 2024 and is projected to reach USD 25,337.97 Million by 2033, exhibiting a robust CAGR of 39.50% during the forecast period 2025-2033. This significant growth is driven by government mandates, renewable energy targets, incentives to produce green hydrogen, and rising demand across various industrial sectors. The report presents a thorough review featuring the India green hydrogen market analysis, share, trends, and research of the industry.

India Green Hydrogen Market Key Takeaways

• Current Market Size: USD 1,400.00 Million (2024)
• CAGR: 39.50%
• Forecast Period: 2025-2033
• The rapid growth is attributed to government mandates and the National Green Hydrogen Mission aimed at positioning India as a green hydrogen production and export hub.
• Extensive renewable energy resources such as solar and wind power are being leveraged for green hydrogen production.
• Alkaline electrolyzers dominate due to low capital costs and operational simplicity, mainly used in large-scale projects.
• Increasing investments in infrastructure development including production, storage, and distribution networks support market expansion.
• Government policy incentives include production-linked incentives for electrolyzer manufacturers and waiver of interstate transmission charges for renewable power use in production.

India Green Hydrogen Market Growth Factors

• Strong government initiatives and active policy support are catalyzing market growth.
• The National Green Hydrogen Mission focuses on production plant setup, demand creation, and R&D support.
• Production-linked incentives (PLIs) reduce costs of electrolyzers improving economic viability.
• Expansion of India’s renewable energy capacity targeted at 450 GW by 2030 provides a robust base for green hydrogen production.
• Investments by industrial giants in green hydrogen projects, especially in transport and steel industries, are scaling supply chains.
• Technological advancements, particularly in alkaline electrolyzers, enable large-scale adoption.
• Government efforts to localize electrolyzer manufacturing reduce import dependency and costs.
• Policy incentives such as waiver of interstate transmission charges and priority grid access stimulate production economics.
• Development of dedicated manufacturing zones and hydrogen hubs promote stable investment and operational environments.

India Green Hydrogen Market Trends

• The government’s National Green Hydrogen Mission is a pillar for market development aiming at production and export growth.
• Production-linked incentives for electrolyzer manufacturers are making green hydrogen production more cost-effective.
• The market is bolstered by carbon credits and renewable purchase obligations creating a favorable environment.
• India’s renewable energy infrastructure development and vast solar and wind resources are pivotal drivers.
• Alkaline electrolyzers dominate pilot and demonstration projects due to cost and simplicity despite more efficient alternatives existing.
• R&D initiatives target performance enhancement, raw material dependency reduction, and indigenous manufacturing.
• Collaborations with global technology partners are improving system integration and production efficiency.
• Hybrid renewable energy systems and water-efficient electrolysis technologies are emerging trends for operational viability.
• The Green Hydrogen Certification Scheme introduced in 2025 ensures environmental standards and strengthens export potential.

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India Green Hydrogen Market Segmentation

Technology Insights

• Proton Exchange Membrane Electrolyzer: Includes advanced electrolyzers used in specific applications with higher costs limiting wider adoption.
• Alkaline Electrolyzer: Currently dominates with relatively low capital costs and operational simplicity suitable for large-scale applications.
• Others: Include alternative electrolyzer technologies beyond PEM and alkaline types.

Application Insights

• Power Generation: Utilizes green hydrogen produced primarily for electricity generation with low carbon emissions.
• Transport: Green hydrogen use in transportation sectors including pilot projects in mobility solutions.
• Others: Covers additional applications beyond power and transport sectors.

Distribution Channel Insights

• Pipeline: Green hydrogen transported via dedicated pipeline infrastructure.
• Cargo: Transportation of green hydrogen through cargo shipments for distribution.

Regional Insights

• North India
• South India
• East India
• West India

The market is geographically segmented with North India, South India, East India, and West India as key regions. Currently, the industry growth is led by North India, which holds significant market share and exhibits strong CAGR performance during 2025-2033.

India Green Hydrogen Market Key Players

The report offers an in-depth examination of the competitive landscape, including market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

India Green Hydrogen Market Recent Developments & News

• June 2025: Toyota Kirloskar Motor and Ohmium International launched a strategic partnership to develop green hydrogen-based microgrid solutions aimed at data centers and remote power aligned with the National Green Hydrogen Mission.
• June 2025: Adani New Industries Limited launched India’s first 5 MW off-grid green hydrogen pilot in Gujarat, featuring an automated electrolyzer system adapting in real-time to solar power inputs.
• March 2025: Ohmium International expanded its green hydrogen initiatives in southern India partnering with Tata Projects and NTPC Renewable Energy Limited.
• April 2025: Government of India introduced the Green Hydrogen Certification Scheme to certify green hydrogen production with emission caps and multi-tier certification.
• February 2025: Himachal Pradesh opened North India’s first 1 MW green hydrogen facility producing 423 kg daily, aligned with the state’s green energy goals.
• January 2025: India announced its first Green Hydrogen Hub in Andhra Pradesh, a USD 21.6 billion project led by NTPC Green Energy Ltd. incorporating 20 GW renewable capacity and targeting 1,500 tonnes of daily green hydrogen.
• January 2025: India and the EU established cooperation for green hydrogen technology advancement through investments, policy alignment, and research.
• October 2024: Germany and India released the Indo-German Green Hydrogen Roadmap to promote private sector investments and support decarbonization in hard-to-abate sectors.

India Green Hydrogen Market Key Highlights of the Report

• Comprehensive analysis of the India green hydrogen market covering historical and forecast periods.
• Detailed segmentation by technology, application, and distribution channels.
• Insights into market dynamics including drivers, challenges, and opportunities.
• Competitive landscape analysis with profiles of major players.
• Porter’s five forces analysis for industry competitiveness and attractiveness assessment.

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