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India's hydrogen demand likely to rise at 3% CAGR to 8.8 mn tonne per annum by 2032

Millennium Post Delhi

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New Delhi 09July2025

India's hydrogen demand is expected to rise at a compound annual growth rate of 3 per cent to 8.8 million tonne per annum by 2032, a report released by India Energy Storage Alliance on Tuesday said.

India's hydrogen demand likely to rise at 3% CAGR to 8.8 mn tonne per annum by 2032

NEW DELHI:

The report unveiled on the first day of India Energy Storage Week here said that despite announcements of green hydrogen projects of over 9 MTPA capacity, few in India have reached the Final Investment Decision (FID) or secured long-term offtake agreements from domestic or international markets.

In the baseline scenario, with 30 per cent of the announced green hydrogen (GH2) capacity commissioned within ten years, electrolytic c bio-H2 (bio hydrogen) supply can meet approximately 31 per cent of domestic demand in 2032.

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