India is set to leverage its competitive advantage in green hydrogen production to kickstart 'green ammonia' export opportunities by 2027. With a target to export more than half of the projected 5 million metric tons of renewable hydrogen by 2030, India's coastal states like Odisha and Gujarat are emerging as key hubs for development. S&P Global Commodity Insights underscores India's ability to produce cost-competitive green hydrogen, making it attractive for regions such as Europe with specific green hydrogen consumption mandates. However, challenges persist in the market, particularly regarding the pricing dynamics. The cost of renewable hydrogen production in India is above the willingness of refineries and fertilizer manufacturers to pay. Market indicators show a significant gap, impacting deal closures. In contrast, Platts assessments reveal a positive trend in the cost of hydrogen production via alkaline electrolysis, with prices decreasing in both Queensland and Japan. Despite these challenges, India's National Green Hydrogen Mission, supported by investments in electrolyzers and hubs, aims to drive the country's green hydrogen and ammonia production sector towards a sustainable future.