India's Hydrogen Revolution: Meeting the Demand for 8.8 MTPA by 2032
Key Ideas
- India's hydrogen demand is projected to reach 8.8 MTPA by 2032, according to a report by IESA, showcasing a significant growth in the sector.
- The focus on hydrogen is part of India's energy transition efforts, aligning with the goal of achieving 500 GW of renewable energy capacity in the next five years.
- Companies like Hyundai and TKIL are actively investing in hydrogen research and energy storage innovations, indicating a positive momentum in the sector.
- The establishment of the Hyundai HTWO Innovation Centre in collaboration with IIT Madras highlights the commitment to advancing hydrogen technologies in the country.
A recent report by the India Energy Storage Alliance (IESA) predicts a surge in hydrogen demand in India, estimating it to reach 8.8 Metric Tonnes Per Annum (MTPA) by 2032. This growth is a significant indicator of the country's evolving energy landscape. The push towards hydrogen is in line with India's ambitious target of achieving 500 Gigawatts (GW) of renewable energy capacity within the next five years. Noteworthy announcements like the establishment of the Hyundai HTWO Innovation Centre in partnership with the Indian Institute of Technology Madras (IIT Madras) further underscore the nation's commitment to hydrogen research and development. The investment of approximately £17 million in this cutting-edge facility demonstrates a positive shift towards green hydrogen technologies. Additionally, at the India Energy Storage Week (IESW) 2025, industry leaders emphasized the crucial role of reliable energy storage systems in supporting uninterrupted renewable power supply. Companies like TKIL are focusing on scalable and efficient storage solutions to enhance the integration of renewables into the grid. Overall, the sentiments surrounding hydrogen in India are positive, with increasing investments and collaborations driving the sector's growth and sustainability.