India, Oct. 28 -- India is targeting 5 million metric tonnes (MMT) of annual green hydrogen production capacity by 2030, marking a major step towards a cleaner and more self-reliant energy economy. The target is being pursued under the National Green Hydrogen Mission, which aims to reduce dependence on imported fossil fuels, strengthen energy security and position India as a competitive player in the global clean energy market. According to an official factsheet, the mission is expected to reduce cumulative fossil fuel imports by approximately Rs.1 lakh crore by 2030.

The mission is also expected to drive investment, industrial development and employment generation. It aims to mobilise over Rs.8 lakh crore in investments and create more ...