India is positioning itself as a global leader in green hydrogen and green ammonia production, aligning with its ambitious decarbonization goals. These sectors are pivotal in reducing carbon emissions, enhancing energy security, and fostering sustainable industrial growth.

The green hydrogen market in India has evolved rapidly, driven by favorable policies and technological advancements. The National Green Hydrogen Mission (NGHM) has been instrumental in this growth, aiming to establish India as a major global hub for green hydrogen and ammonia.

As of 2025, India has allocated 862,000 tonnes per annum (TPA) of green hydrogen capacity, supported by a ₹19,744 crore investment under the NGHM. The market is characterized by a diverse range of offerings across various sectors, including transportation, industry, and energy storage.

Several factors are propelling the growth of the green hydrogen market in India:

• Government Initiatives: Policies like the NGHM and the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme provide financial support and infrastructure development.
• Technological Advancements: Innovations in electrolyzer technology and renewable energy integration are reducing production costs.
• International Collaborations: Partnerships with countries like Japan and Germany are facilitating knowledge transfer and investment.

The Indian green hydrogen industry is witnessing participation from both domestic and international players:

• Indian Oil Corporation Limited (IOCL): Set the first-discovered price at Rs 397 per kilogram through a landmark tender.
• NTPC Limited: Secured a record low price of INR 51.80 per kg in green ammonia auctions.
• Larsen & Toubro (L&T): Partnered with Japan's ITOCHU Corporation for a green ammonia project in Gujarat.

In addition to the players mentioned above, several other entities are contributing to the green ammonia sector:

• Jakson Green: Secured the lowest bid to supply 85,000 tonnes of green ammonia at a record low price of Rs 50.75 per kilogram.
• Coromandel International: Collaborating with Jakson Green for green ammonia supply in Kakinada.

Despite the positive trajectory, several challenges persist:

• High Production Costs: The cost of green hydrogen remains higher compared to conventional methods, posing a barrier to widespread adoption.
• Infrastructure Development: Establishing a robust infrastructure for production, storage, and distribution is capital-intensive.
• Regulatory Hurdles: Complex regulatory frameworks can delay project implementation.

The evolving green hydrogen and ammonia landscapes present several opportunities:

• Electrolyzer Innovation: Advancements in electrolyzer technology can enhance efficiency and reduce costs.
• Export Potential: India aims to capture 10% of the global green hydrogen market, with plans to export up to 10 million metric tonnes per annum (MMTPA) of hydrogen/ammonia annually after 2030.
• Sectoral Integration: Integrating green hydrogen into sectors like transportation, industry, and agriculture can drive demand and economic growth.