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Companies are competing for India Green Hydrogen Industry Share through strategic partnerships and capacity expansion. At present, green hydrogen accounts for a very small share of the hydrogen industry in India, with grey hydrogen dominating the market. However, this share will gradually increase as policies mandate cleaner alternatives and as costs fall.

By 2030, green hydrogen could secure a significant share in fertilizer, refining, and steel industries, with wider adoption expected post-2035 as infrastructure matures. The market share of green hydrogen within India’s overall hydrogen market is currently negligible, as the majority comes from fossil fuel–based grey hydrogen. However, with policies favoring clean fuels, green hydrogen is expected to gradually increase its share, especially in sectors such as steel, refineries, fertilizers, and mobility.