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. The collaboration will leverage NovaAir's local business development capabilities and Hydrexia's technologies in hydrogen purification, refueling stations, transportation, and storage. This partnership marks a strategic move for Hydrexia's market expansion in Asia, aiming to address the growing hydrogen development needs in India. Both companies are enthusiastic about the venture, with Hydrexia's CEO highlighting the opportunity to cater to the Indian market using their technology solutions. NovaAir's Managing Director sees the partnership as a way to efficiently serve the hydrogen market with their combined skills and technologies. Hydrexia has been actively expanding in Southeast Asia, securing partnerships and contracts in 2024, while NovaAir, funded by PAG India, specializes in providing industrial gases. Overall, the partnership between Hydrexia and NovaAir signifies a positive step towards advancing hydrogen technology and solutions in India.