India Targets 10% of Global Green Hydrogen Demand by 2030

India has allocated 862,000 tonnes per annum (TPA) of green hydrogen production capacity to 19 companies under the National Green Hydrogen Mission, Union Minister of State for Power and New and Renewable Energy Shripad Naik announced at the FICCI Green Hydrogen Summit 2025 in New Delhi on Tuesday.

The minister said the move is part of India’s ambition to capture about 10 percent of global green hydrogen demand, which is projected to exceed 100 million metric tonnes by 2030. “We want to make India not only a major producer but also a global hub for green hydrogen exports,” Naik told the summit.

In addition, the government has awarded 3,000 megawatts of electrolyser manufacturing capacity to 15 companies. Naik also pointed to India’s renewable energy base as a key foundation for scaling green hydrogen. As of June 2025, the country’s total renewable capacity reached 237 gigawatts (GW), comprising 119 GW from solar, 52 GW from wind, and 49 GW from large hydro. Including 8.78 GW of nuclear power, non-fossil fuel sources now account for more than half of India’s installed power generation capacity.

“This is a matter of immense pride that we have achieved this key NDC target five years ahead of schedule,” Naik said, reiterating India’s target of 500 GW of non-fossil fuel capacity by 2030.

Industry representatives at the summit welcomed the developments. Rajat Seksaria, Chair of FICCI’s Green Hydrogen Committee and CEO of Adani New Industries, noted three major steps taken by the government to advance the sector: the Production Linked Incentive (PLI) scheme, the green ammonia auction, and sustained policy engagement.

Vipul Tuli, Chair of FICCI’s Renewable Energy CEOs Committee and Chairman of Sembcorp India, underlined a recent shift in cost dynamics. “In one of the global tenders, green hydrogen has actually come out cheaper than blue hydrogen. This is a very significant development,” he said. At the same time, he stressed the importance of long-term industry commitments rather than focusing solely on cost reductions.

On the international front, Ewa Suwara, Chargé d’affaires of the EU Delegation to India, highlighted outcomes from the second India-EU Green Hydrogen Forum held in Rotterdam in May. She confirmed that both sides had agreed to set up a Hydrogen Task Force. “Both the EU and India are well aware of the potential of green hydrogen in addressing today’s and tomorrow’s energy challenges,” she said.

During the event, Naik also unveiled the FICCI-EY Green Hydrogen Report: India’s Green Hydrogen Ecosystem. The study outlines priority applications in hard-to-abate industries such as refining, steel, aviation, and fertilisers, while also examining procurement models, cost trends, and steps to build sustainable demand.