The report highlights India's position in the global hydrogen economy, emphasizing the challenges and opportunities in the transition towards green hydrogen. India's reliance on imported natural gas increases the cost of grey and blue hydrogen compared to global averages. Green hydrogen, though currently more expensive, is expected to reach costs of around $2/kg by 2030, supported by aggressive renewables expansion and policy measures. The report suggests that biomass gasification using agricultural residue presents a promising decentralized approach for hydrogen production in India. To achieve its green hydrogen ambitions and emerge as a key exporter, India must balance technology maturity, feedstock availability, and infrastructure readiness. Localization of electrolyzers, viability gap funding, and scale-driven cost reductions are highlighted as crucial strategies. Strategic production clusters near renewable energy zones, ports, and industrial hubs can improve economic viability. The importance of policy clarity, cross-sectoral coordination, regional production incentives, carbon pricing mechanisms, and renewable energy banking policies is underscored in shaping investor confidence. The report also emphasizes the integration of hydrogen across sectors like refining, fertilizer, steel, and mobility. It suggests that a convergence of public-private capital, innovation ecosystems, and international partnerships will be essential for India's leadership in the hydrogen economy. Key topics covered include hydrogen storage and transport technologies, global market overview, India's strategic role, advanced materials, production cost competitiveness, best practices, and stakeholder recommendations. The report provides insights into key materials, market opportunities, and strategies for India to capture a significant share of the global hydrogen market by 2040.