India, a major global producer of steel, ammonia, and oil, is poised to become a significant market for green hydrogen to reduce carbon emissions in industries. With a high installed renewable energy capacity of 200 GW, India leads in low-cost renewable energy production, essential for driving down green hydrogen costs. Key industries like crude oil refining, ammonia production, methanol production, and steel manufacturing are expected to adopt green hydrogen. The Indian government is promoting green hydrogen development by designating 10 states as hubs for infrastructure development. However, financing remains a challenge despite decreasing renewable energy costs. To enhance cost competitiveness, India must address critical factors like reducing electrolyser costs, improving renewable energy procurement, and increasing efficiency. Significant investments from key players like Reliance Industries, Adani New Industries, and Indian Oil Corporation are driving large-scale green hydrogen projects in the country, aiming to lower production costs and innovate in the sector.