India wants to export green hydrogen abroad in bet on demand surge

India has ambitions to become a leading exporter of green hydrogen as countries around the world increasingly view the clean fuel as crucial to the energy transition.

Although India currently only boasts green-hydrogen research facilities — rather than production capability — Prime Minister Narendra Modi has set a goal to produce 5 million tons a year by the end of the decade. Sending the fuel abroad would bring in foreign currency and help the nation burnish its green credentials, while avoiding reliance on uncertain domestic consumption.