Plug Power, a U.S.-based green hydrogen fuel cell manufacturer, has expressed its intent to develop multi-gigawatt electrolyzer projects in India by 2030. Sanjay Shrestha, the company's president, emphasized the importance of collaboration with local partners to navigate the Indian hydrogen market efficiently. Plug Power, known for its operations in New York and Georgia, is eyeing strategic partnerships within the Indian hydrogen sector to accelerate industry growth. The company also suggests the implementation of production tax credits by the Indian government to boost hydrogen production. This move aligns with global trends, such as legislation in the U.S. and Australia supporting tax credits for hydrogen. Plug Power's expansion plans include leveraging existing facilities and exploring new opportunities in India to drive down costs and promote green hydrogen production.