India’s green hydrogen transition is accelerating as technology advances and scale reduce costs. Companies such as Reliance and Waaree are leading this shift. Lower costs are expected to drive wider adoption across industries and energy systems by 2030.

India’s green hydrogen outlook is strengthening, with costs expected to decline by nearly 50% by 2030 as renewable power becomes cheaper and electrolyser prices fall. Policy support under the National Green Hydrogen Mission is further accelerating this shift.

Large energy and manufacturing players, including Reliance Industries and Waaree, are positioning themselves to scale production and deployment as commercial viability improves.

Market assessments indicate that lower costs could enable green hydrogen adoption across hard-to-abate industries and integrated energy systems. This is expected to support India’s efforts to reduce fossil fuel dependence while maintaining cost competitiveness.

With a clear policy framework and growing industry participation, green hydrogen is emerging as a strategic pillar of India’s clean energy transition and its pathway toward the 2070 net-zero target.

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