India Electrolyzer Market

The India electrolyzer market is witnessing significant growth driven by the government's push for green hydrogen under the National Green Hydrogen Mission. Rising investments in renewable energy integration and declining costs of electrolysis technologies are key factors. Alkaline electrolyzers dominate due to their maturity, while PEM electrolyzers gain traction for their efficiency. Industrial applications, especially in refining and fertilizers, are leading demand. Private and public sector collaborations are accelerating large-scale projects. However, high capital costs and infrastructure challenges remain hurdles. Policy support and technological advancements are expected to shape the market's expansion as India aims to become a global green hydrogen hub.

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