We address why India is prioritizing investment growth in the green hydrogen economy, which is aligned with its net zero carbon emission commitments, ambitions for its electric mobility industry, and development of its renewables sector. In February this year, India unveiled its National Green Hydrogen Policy, 2022. Given the scale of the prospective market, India should be proactive in manufacturing electrolyzers to produce green hydrogen.
India’s commitment to net zero carbon emissions is more resilient than ever and green hydrogen-based fuel is being touted as a way to achieve this. Along with its global counterparts, India aspires to transition to a low-carbon hydrogen-based economy to address concerns around its energy security, climate change, reducing emissions, accelerating decarbonization efforts, improving the degrading air quality, and reducing the high fossil fuel…