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India Aims to Become World’s Cheapest Green Hydrogen Producer by 2030: Amitabh Kant

India plans to reduce the cost of green hydrogen from $4.5 per kg to $1 per kg by 2030, with the goal of becoming the global leader in low-cost green hydrogen, according to former Niti Aayog CEO Amitabh Kant at the National Green Economy Conclave organised by CEEW. He stated that reaching the $1 milestone would turn India into a major green energy hub, transforming sectors such as steel, fertilisers, mobility, and heavy transport. Kant pointed out that the National Green Hydrogen Mission, rapid solar expansion, and decreasing renewable tariffs make this target feasible. He described green hydrogen as a “defining pillar” of India’s long-term growth, capable of creating 48 million jobs, attracting $4 trillion in investments, and generating a $1.4 trillion market. He highlighted opportunities within the circular economy for startups and urged India to avoid Western fossil-dependent development. With half of India yet to be constructed, he said the country has a historic opportunity to build green, inclusive, and sustainable cities and establish a global benchmark.