Hydrexia Singapore Pte Ltd, a subsidiary of Hydrexia Holding Limited, and NovaAir Private Limited have signed a Memorandum of Understanding to jointly develop the hydrogen market in India. This collaboration aims to combine the market skills and technologies of both companies to meet the growing hydrogen development needs in India. The agreement includes exploring projects in hydrogen purification, refueling stations, and transportation, utilizing NovaAir's local business development capabilities and Hydrexia's hydrogen technologies. The partnership signifies a significant step for Hydrexia's expansion in the Asian market, building on their successful ventures in the region. The CEOs of both companies expressed excitement about the collaboration, emphasizing the utilization of their combined skills and technologies to best serve the hydrogen market in India. Hydrexia, known for its hydrogen solutions, aims to enhance its global presence by working closely with local partners like NovaAir. Hydrexia has been actively expanding in Southeast Asia, securing various partnerships and contracts in the hydrogen sector. The Memorandum of Understanding with NovaAir further solidifies Hydrexia's dedication to meeting customer needs worldwide. Both companies are optimistic about the future prospects of the hydrogen market in India and are committed to driving growth through innovation and collaboration.