India’s green hydrogen mission could unlock an investment opportunity worth nearly Rs 10 lakh crore, but the success of the sector will depend not only on hydrogen production but also on the infrastructure needed to store and transport the fuel. The country’s green hydrogen ambitions hinge on the development of pipelines, cryogenic storage facilities and specialised transportation networks that can move hydrogen safely and efficiently from production sites to industrial users.
India has set a target of producing 5 million metric tonnes (MMT) of green hydrogen annually by 2030 under the National Green Hydrogen Mission. While significant investments are flowing into electrolyser manufacturing and renewable energy projects, analysts believe logistics infrastructure remains a critical gap that must be addressed for the sector to scale commercially.
Logistics Emerges As The Next Growth Driver
Unlike conventional fuels, hydrogen requires specialised storage and transport due to its low density and highly flammable nature. This has created opportunities for companies involved in industrial gases, cryogenic equipment, engineering solutions and gas transmission infrastructure. Firms with expertise in storage tanks, pipelines and hydrogen mobility solutions are expected to play a crucial role as commercial demand expands.
Industry experts believe investments across the hydrogen value chain—including production, storage, transportation and distribution—will be essential for achieving India’s clean energy goals. As demand from sectors such as steel, fertilisers, refineries and heavy transport grows, the need for integrated hydrogen infrastructure is likely to increase significantly.
The report identifies three listed companies that could benefit from this structural shift due to their presence in industrial gas systems, engineering capabilities and energy infrastructure. These companies are well-positioned to capitalise on the expected expansion of hydrogen logistics as India moves towards commercial-scale adoption. Analysts note that while hydrogen production often receives the spotlight, transportation and storage infrastructure could become equally important in determining the sector’s long-term viability.
As policy support, renewable energy capacity and industrial demand continue to rise, investments in hydrogen logistics are expected to gain momentum, creating fresh opportunities across India’s energy and infrastructure sectors. The development of this ecosystem will be critical for transforming green hydrogen from a policy objective into a commercially scalable clean fuel solution.
