India is gearing up for a massive investment opportunity in green hydrogen, with a target to achieve 5 million tonnes per annum of green molecule production by 2030. The National Green Hydrogen Mission envisions an investment of INR 8-10 trillion, focusing on building electrolyzer capacity, green molecule production capacities, and associated renewable energy infrastructure. A recent report by SBICAPS highlights the need for significant financing and outlines challenges such as uncertain demand off-take and logistical difficulties. However, solutions like electrolyzer production subsidies and green hydrogen hubs are in place to address these challenges. India's rapid growth in hydrogen use, projected to triple by 2030, is set to outpace the global growth rate, with a notable shift towards new sources like power and transport. Despite the current dominance of traditional fossil fuel-based hydrogen production globally, green hydrogen is emerging as a sustainable solution powered by renewables. India, with its abundant renewable energy potential and favorable market conditions, is well-positioned to lead the green hydrogen revolution. As the country embarks on setting up substantial green hydrogen capacity from scratch, the evolution of the financing ecosystem will be crucial in realizing this opportunity.