India’s Green Hydrogen Leadership Strategy UPSC
India has the potential to become a global leader in the green hydrogen market by capturing around 10 percent of the global share. Green hydrogen, produced via electrolysis using renewable energy to split water into hydrogen and oxygen, is a critical element for reducing greenhouse gas emissions and dependence on fossil fuels. The global green hydrogen market is rapidly expanding, and India’s domestic market is expected to grow with a compound annual growth rate (CAGR) of 56 percent by 2030.
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