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Is India ready to tap $ 45 bn hydrogen equipment market?

Floodgates of opportunities are expected to open for Indian process equipment manufacturers with 135 hydrogen plants planned for deployment by 2030. With an aim to corner significant share of the potential $ 45-50 billion green hydrogen equipment market, many companies are leveraging on their engineering expertise and manufacturing capabilities to serve Indian as well as global markets, says Rakesh Rao.Read more

India aims to lead global hydrogen equipment market, expects $50bn industry by 2030

The report, titled ?Hydrogen Equipment Manufacturing and Services,? outlines the market breakdown, allocating 34% for electrolyser stacks, 62% for Balance of Plant equipment, and 4% for specialised engineering services.Read more

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