Hydrogen, positioned as the fuel of the future, offers significant prospects for a sustainable energy economy. Despite its potential, challenges in storage and transportation hinder its mainstream adoption, particularly in countries like India where infrastructure development is critical. Storage challenges include low energy density, material compatibility, compression, liquefaction, temperature sensitivity, and high costs. Innovations like metal hydrides and LOHCs aim to overcome these obstacles. On the transportation front, infrastructure development, safety concerns, material compatibility in pipelines, purity requirements, and economic viability are key challenges. Solutions such as metal hydrides, advanced materials, chemical hydrogen carriers (LOHCs), and integrated systems are being developed to enhance efficiency and safety. The policy framework in India supports hydrogen development through government initiatives, production-linked incentives for electrolysers, and collaborations with industry leaders and international partners. By addressing these challenges with technological innovations, infrastructure investments, and supportive policies, hydrogen can lead the way towards a sustainable and clean energy future.