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Green Hydrogen can make a $20 billion difference to India's foreign trade within decade

Chemicals & Petrochemicals | Green hydrogen | Opportunities

According to a recent report by Alvarez & Marsal, India's bold plans could lead to exports valued at $3–5 billion and a reduction in imports by $7–15 billion within the next decade.

Notes

Well, that's a total of about $15-20 billion foreign exchange benefit to India. Might not sound earth-shaking, given that India's exports are moving healthily towards $1 trillion, but given that this is a nascent sector with much higher potential starting perhaps 2035, it would be quite a good start if India is these numbers are achieved. 

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