The European Energy Exchange (EEX) and the Indian Gas Exchange (IGX) have joined forces, supported by Gesellschaft für Internationale Zusammenarbeit (GIZ), to pioneer the development of a hydrogen trading market in India. This collaboration, part of the International Hydrogen Ramp-Up (H2Uppp) program funded by the German Federal Ministry for Economic Affairs and Climate Action, aims to boost India's green hydrogen sector. The primary objectives include establishing a hydrogen price index and providing trading services, ultimately positioning India as a prominent player in the global green hydrogen market. The partnership's initial focus will involve engaging stakeholders from diverse sectors like production, trading, transport, consumption, as well as policymakers and regulators. By gathering market insights and promoting dialogue within these segments, the aim is to lay a solid foundation for the growth and sustainability of the hydrogen market in India. Leaders from EEX and IGX, including Peter Reitz and Rajesh Mediratta, have expressed their enthusiasm for leveraging their expertise to nurture the local hydrogen community and drive the sector's advancement. The agreement also received praise from Tobias Winter of GIZ, who highlighted the significance of establishing an Indian hydrogen price index, particularly for green hydrogen, to attract both domestic and international buyers. The signing of the agreement marks the beginning of a concerted effort to foster a vibrant hydrogen trading ecosystem in India. This initiative signifies a crucial step towards India's vision of becoming a key global hub for green hydrogen, aligning with the nation's commitment to sustainable energy practices and the transition to a greener future.