John Cockerill Group and Greenko Group have announced an investment of up to ₹2,800 crore in an electrolyser manufacturing facility in Kakinada, Andhra Pradesh. This facility is poised to produce 2 gigawatts of electrolysers annually and serve as an export hub. In addition to electrolyser production, the venture aims to expand into the steel, energy, and defence sectors, with plans to triple its workforce in the next two years. The companies have also secured incentives for their electrolyser production. With India's reliance on global markets for electrolysers for green hydrogen projects, initiatives like the one by Solar Energy Corporation of India to develop domestic manufacturing capacity are crucial for reducing production costs and fostering self-sustainability. John Cockerill envisions India becoming an export hub for electrolysers, with West Asia being a potential market. The company's expansion plans in India highlight the country's strategic importance in critical sectors. The investments are not only geared towards expanding steel operations but also aiding in the decarbonization efforts of industries such as steel. John Cockerill aims to bring technological advancements to support the net-zero targets of steel giants in India.