India Eyes 10% Share of Global Green Hydrogen Market by 2030: Shripad Yesso Naik
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Urging stakeholders to sustain momentum in projects, manufacturing and innovation, the minister said India must establish itself as a key pillar of the global hydrogen value chain.

In pursuit of its aim to achieve a leadership position in green hydrogen production and exports, India is well on course to meet a significant portion of global demand by 2030, Minister of State for New and Renewable Energy Shripad Yesso Naik has said.

Addressing the 3rd International Conference on Green Hydrogen in New Delhi on Wednesday, Naik emphasised, “As per international estimates, by 2050, nearly 190 million tonnes of hydrogen could be traded across borders. With our renewable energy abundance, geographical advantage and policy clarity, India aims to capture nearly 10 per cent of global green hydrogen demand by 2030.”

Naik said that India is not merely a participant but also a leader in this journey, shaping the rules, building the markets and driving global collaboration. He noted that India’s energy transition is among the boldest and fastest in the world, with steady progress toward the target of 500 GW of non‑fossil‑fuel capacity by 2030 and net‑zero emissions by 2070.

“The strong renewable foundation has now empowered India to take the next decisive step: the Green Hydrogen Revolution, converting our renewable strength into clean molecules that can decarbonise industries, fuel transport and support global trade,” he said.

Naik described the National Green Hydrogen Mission, launched in January 2023, as a turning point in India’s clean energy story. In just two years, the mission has moved from planning to action, backed by government incentives worth over ₹170 billion for green hydrogen production and electrolyser manufacturing.

“The green hydrogen transition is not just a technological shift, it is an economic, environmental and societal transformation,” he added.

Naik urged industry, state governments, financial institutions, investors, researchers, startups and international partners to sustain momentum in project execution, electrolyser manufacturing, the development of hydrogen hubs and clusters, investment and R&D. He stressed that India must become a key pillar of the global hydrogen value chain.

He added that the 2025 conference reflects India’s commitment to advancing green hydrogen technology, fostering innovation and accelerating the country’s journey toward a clean and sustainable energy future.