India’s Push to Lead the Global Green Hydrogen Market

On 19th August 2025, the Federation of Indian Chambers of Commerce & Industry (FICCI) and Ernst & Young (EY) released a joint report outlining how India can capture 10% of the global green hydrogen market by 2030.

Key Points from the Report

  • Strategic Potential: India can achieve 10% of the global green hydrogen market if challenges are resolved.
  • Market Growth: Global market to grow from $8.78 billion (2024) to $199.22 billion (2034); India’s share projected at $2.81 billion by 2030 (56% CAGR).
  • Subsidy Shift: Reallocating fossil fuel benefits to renewables and introducing carbon pricing would boost hydrogen adoption.
  • Capacity Needs: Achieving 5 MMT ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy October 2025 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content