The Union Minister of New and Renewable Energy, Pralhad Joshi, highlighted India's promising future as the global manufacturing hub for green hydrogen during the 3rd Energy Transition Summit by FICCI. Joshi announced that India has already entered into an MOU for the export of green hydrogen, a significant step towards establishing the country as a leader in the green energy sector. The government's 'Viksit Bharat' vision sets a target of 1,800 GW of renewable energy capacity by 2047, aiming for steady growth by adding 50 GW of new capacity annually. The launch of the National Green Hydrogen Mission with substantial funding further emphasizes India's commitment to sustainable energy solutions. Prime Minister Narendra Modi's recent inauguration of the first green hydrogen hub in the country marks a significant milestone in India's renewable energy journey. With the renewable energy capacity surpassing 200 GW and a target of achieving 500 GW from non-fossil sources by 2030, India showcases ambition and dedication to green initiatives and clean energy. The Minister's statements also highlight the increased financing and support from PSU banks, solidifying India's position as a leading player in the global renewable energy landscape.