India Poised to Lead Global Green Hydrogen Economy, Says Union Minister Shripad Yesso Naik at Bharat Green Hydrogen Summit 2026

India Set to Lead Global Green Hydrogen Revolution, Says Shripad Yesso Naik at Bharat Green Hydrogen Summit 2026
India Set to Lead Global Green Hydrogen Revolution, Says Shripad Yesso Naik at Bharat Green Hydrogen Summit 2026

Mr Shripad Yesso Naik, Minister of State for Power and New & Renewable Energy, Govt of India, while addressing the 2nd edition of ‘Bharat Green Hydrogen Summit 2026’, organized by FICCI, said that the global energy transition has entered a new phase. “The question today is no longer whether Green Hydrogen will become a cornerstone of industrial decarbonisation, but which nations will lead this transformation. India is uniquely positioned to emerge as a global leader in the hydrogen economy. Let us work together to make ‘Made in India Green Hydrogen’ the world’s trusted symbol of clean energy, technological excellence and sustainable industrial growth,” he added.

Minister Naik further stated that the National Green Hydrogen Mission has created a strong and future-ready ecosystem. Production incentives, indigenous electrolyser manufacturing, demand creation in refineries and fertilisers, pilot projects across mobility, shipping and steel, and an enabling regulatory framework are transforming policy intent into commercial reality.

“Green Hydrogen in India is no longer an idea of the future; it is becoming a fast-growing economic opportunity. From commercial-scale production to recently inaugurated India’s first indigenously developed hydrogen-powered train, our progress reflects the breadth of capabilities needed to position India as a global hydrogen hub,” he emphasized.

Mr Naik further added that becoming a global hydrogen hub will require more than production capacity. It will require innovation, cost competitiveness, resilient supply chains, internationally accepted standards, skilled human resources and enduring global partnerships. Governments, industry, startups, academia, financial institutions and international partners must work together to build a globally competitive hydrogen ecosystem.

Mr Rushikesh Ganeshbhai Patel, Hon’ble Minister of State for Energy, Government of Gujarat said, “Gujarat is committed to becoming India’s green hydrogen growth engine. With abundant renewable energy resources, world-class ports, robust industrial infrastructure and a progressive Green Hydrogen Policy, the state offers an integrated ecosystem for production, innovation and exports. We invite industry to partner with Gujarat in building a globally competitive green hydrogen economy.”

Mr Patel further stated that green hydrogen is not only an energy transition opportunity, but also an industrial transformation opportunity. “Gujarat is moving decisively from policy formulation to implementation by creating an enabling ecosystem that will attract investments, generate employment and position India as a global hub for green hydrogen and green ammonia,” he added.

Mr Ed Jager, Minister, Commercial, High Commission of Canada in India while sharing the international perspective, said, “India’s ambition to become a global green hydrogen hub is both credible and achievable. Canada is committed to partnering with India through research, innovation, technology collaboration, standards, certification and financing to help build resilient global hydrogen value chains. Green hydrogen will succeed through long-term partnerships built on trust, predictable policy frameworks and bankable commercial projects.”

Mr Rajnath Ram, Adviser – Energy, NITI Aayog, Government of India, said, “India’s Green Hydrogen Mission has entered the implementation phase. Strong policy support, demand aggregation, electrolyser manufacturing incentives and industry participation have laid the foundation for building a globally competitive green hydrogen ecosystem that will drive India’s clean energy future.”

He added that the next phase of India’s green hydrogen journey must focus on execution, accelerating projects, strengthening domestic demand, enabling bankable offtake agreements and building resilient supply chains. “Together, these efforts will establish India as a trusted global supplier of green hydrogen and its derivatives,” said Mr Ram.

Mr Derek Michael Shah, Chair, FICCI Green Hydrogen Committee and CEO & MD, L&T Energy GreenTech, said, “Green hydrogen represents one of the most significant industrial opportunities of this decade. India’s competitiveness in renewable energy, manufacturing capability and policy support provides a strong foundation for becoming a global leader in clean hydrogen production and exports. The future of India’s hydrogen economy will depend on building integrated ecosystems where renewable energy, hydrogen production, logistics, storage, manufacturing and end-use industries evolve together. Collaboration across government, industry and global partners will be the key to scaling this opportunity.”

Mr Vipul Tuli, Chair, FICCI RE CEOs Committee and President & CEO, Renewables West, Sembcorp Industries, said, “Green hydrogen will power India’s next phase of industrial growth by strengthening energy security, accelerating decarbonisation and creating globally competitive manufacturing and export opportunities.”

Ms Jyoti Vij, Director General, FICCI said, “India aims to capture approximately 10% of the global green hydrogen market by 2030. To achieve this, we shall focus on building world-class export infrastructure, securing trusted supply chains, and becoming a long-term strategic partner for countries pursuing decarbonisation.”

FICCI-EY report, ‘Towards a Green Hydrogen Economy: India’s Export Competitiveness and Strategic Outlook’, highlighting India’s roadmap to becoming a globally competitive exporter of green hydrogen and its derivatives was released during the event.

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