India's renewable hydrogen sector is positioning itself for growth and export opportunities, particularly in green ammonia, by leveraging cost advantages and increasing offtake interest. The country plans to export a significant portion of its targeted 5 million metric tons of renewable hydrogen production by 2030 from key coastal states where major developers are advancing in project preparations. S&P Global Commodity Insights recognizes India's competitive edge in green hydrogen, emphasizing its importance for regions like Europe with specific green hydrogen consumption mandates. However, challenges persist, as highlighted by the discrepancy between the cost of production and buyer willingness to pay, impeding potential deals with refineries and fertilizer manufacturers. Despite these hurdles, India's commitment to green hydrogen is evident through initiatives like the Rupees 197.44 billion National Green Hydrogen Mission, driving the development of renewable hydrogen projects, electrolyzers, and hubs. With 143 renewable or low-carbon hydrogen projects in the country, totaling 10.55 million metric tons, India is poised for significant growth in the sector. Market dynamics indicate a gap between production costs and buyer prices, with renewable hydrogen costs exceeding buyer expectations. Comparatively, Platts assessed hydrogen prices in Queensland and Japan, showcasing a decline in costs, which could influence India's pricing competitiveness. The potential export growth opportunities align with India's ambitions for green hydrogen, despite challenges, indicating a positive sentiment towards the sector's future prospects.