India Green Hydrogen Market Assessment, By Technology [Alkaline Electrolyzer, Polymer Electrolyte Membrane (PEM) Electrolyzer, Proton Exchange Membrane Electrolyzer, Solid Oxide Electrolyzer], By Production Source [Solar, Wind], By Transportation Channel [Pipeline, Waterways, Roadways], By End-User Type [Domestic; Industrial-Energy and Power, Steel, Refineries, Chemicals, Transportation, Manufacturing, Others], By Region, Opportunities, and Forecast, FY2016-FY2030F

According to an Indian government source, the Hydrogen demand in India is expected to increase from six million tonnes in 2020 to 30 million tonnes by 2050, growing at a CAGR of 5.51% in volume terms. The share for Green Hydrogen in India will be in double digits in volume terms of the total hydrogen production in FY2030. The India Green Hydrogen Market will be valued at USD 8 billion in FY2030 and is projected to increase to USD 340 billion by 2050, growing at a CAGR of 20.61%.

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What is the growth rate of India Green Hydrogen Market?

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