
‘A global hub for export': India eyes 10% share of global green hydrogen demand by 2030; 862,000 tonnes of production allocated across 19 firms
Tired of too many ads? go ad free now
Under the National Green Hydrogen Mission, Substantial progress has been achieved towards production goals, with 19 companies receiving allocations totalling 862,000 tonnes annually of production capacity, Naik announced at the FICCI Green Hydrogen Summit 2025, as reported by Economic Times.
The administration has allocated 3,000 MW of electrolyser manufacturing capacity amongst 15 companies. "We want to make India not only a major producer but also a global hub for green hydrogen export," Naik said, describing the nation's approach to establish itself as a dependable exporter.
The international green and clean hydrogen sector is advancing, driven by decreasing costs, according to industry leaders. "In one of the global tenders, green has come out cheaper than blue," said Vipul Tuli, chair of FICCI's Renewable Energy CEOs Committee and Sembcorp India. "Please understand the implications of that - it's a very significant development," he added.
The EU showed robust backing for bilateral partnership in this field. Dr Ewa Suwara, Charge d'affaires of the EU delegation to India, revealed plans for strengthened collaboration following the second India-EU Green Hydrogen Forum in Rotterdam in May 2025.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
15 minutes ago
- Time of India
Now, Gill's a smash hit with brands
Gill MUMBAI: Indian cricket's latest blue-eyed boy, Shubman Gill , is the new favourite with brands. His stellar performance in the India-England Test series, both as captain and batsman, had already bolstered his brand value. Now, Gill's selection for the Asia Cup as vice-captain will only give further impetus to his brand equity. A Gen Z with much of his career ahead of him, Gill has all the chops a brand looks for. "Gill's brand value has appreciated by 30%-40% post the India-England series. His brand fees will increase anywhere in the range of 25%-50% depending on the kind of brand approaching him," Neeraj Jha, senior sports analyst and commentator, told TOI. From automobiles to global luxury brands, queries for Gill have shot up from an average of three to four per month to about 10-15 now, sources aware of discussions said. Gill currently charges endorsement fees in the range of Rs 4-5 crore for one brand per year. That can now easily go up to anywhere between Rs 6-8 crore, said Neerav Tomar, managing director and CEO at IOS Sports. Another analyst said that a few of his earlier deals were in the range of Rs 2-Rs 3.5 crore. "Gill already endorses close to 20 brands, and this number should go up. Youthful brands will seek new faces. Gill is the new Virat Kohli ," Tomar said. Gill's team, however, declined to comment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like TV providers are furious: this gadget gives you access to all channels Techno Mag Learn More Undo The cricketer bagged a few big deals before the Test series. Tyre major MRF and global eyewear brand Oakley (for India) signed Gill as their brand ambassadors. Gill also expanded his associations with Casio and Coca-Cola during the year. From about eight brand associations in 2023, Gill's brand portfolio nearly doubled to 16 in 2025. The cricketer is estimated to have earned about Rs 40 crore in endorsement earnings in 2024. "A lot of MNCs are looking to sign Gill. Small brands can't afford him. His fees will only go up if he keeps on delivering," said Amitesh Shah, founder and CEO at sports, media, and entertainment company Legaxy, who estimates Gill's brand value to see a boost of over 40%. Sources said that Gill is "selective" about his brand partnerships, ensuring alignment with his values and career journey. Going ahead, perenniality (ability to deliver across all cricket formats) will be key for Gill to bag big brand deals, said Sandeep Goyal, chairman at Redifussion. "Perenniality leads to continued visibility, which is key to the endorsement game," said Goyal. Stay informed with the latest business news, updates on bank holidays , public holidays , current gold rate and silver price .


Hindustan Times
32 minutes ago
- Hindustan Times
Amid Trump tariffs, Jaishankar invites Russian firms to engage ‘more intensively' with India
External Affairs Minister S Jaishankar on Wednesday called upon Russian companies to engage "more intensively" with its Indian counterparts, citing New Delhi's initiatives that have opened more avenues for foreign businesses. S Jaishankar during the 26th Session of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technical and Cultural cooperation, in Moscow(@DrSJaishankar) Addressing the India-Russia Business Forum in Moscow, Jaishankar highlighted the time-tested relationship the two countries have shared and called for deeper economic ties amid global uncertainty. "The 'Make in India' and other such initiatives have opened up new windows for foreign businesses. The modernisation and the urbanisation of India generate their own demands, flowing from shifts in consumption and lifestyle. Each of these dimensions represent an invitation for Russian companies to engage more intensively with their Indian counterparts. Our endeavour is to encourage them to rise to that challenge," he said. Jaishankar made the remarks after he highlighted how India's GDP was on a rise, drawing focus on the "need for large resources from dependable sources". "In some cases, it could be assured supplies of essential products, fertiliser, chemicals, and machinery, being good examples. Its rapidly growing infrastructure offers business openings to enterprises with an established track record in their own country," said Jaishankar. The External Affairs Minister's invite to Russian companies comes days ahead of US President Donald Trump's 50% tariff deadline for India. The Republican had earlier announced 25% duties on Indian imports, which he later doubled, citing India's oil trade with Russia. While one half of these tariffs have been imposed, the other are set to take effect on August 27. 'India-Russia ties one of steadiest' Further pushing for deeper trade ties between the two countries, S Jaishankar said in Moscow that while India and Russia's ties have been one of the steadiest over the years, it didn't reflect as much on the economic cooperation between them. "Our trade basket remains limited and till recently, so did our trade volume. It may have grown in recent years, but then, so too has the trade deficit. Both the diversification and balancing of trade now urgently mandate more strenuous efforts on our part. At the end of the day, they are essential not just to reach higher trade targets but even to sustain the existing levels," Jaishankar said. Pushing for both nations to contemplate more investments, joint ventures and other forms of collaboration, Jaishankar said that him and Russia's first deputy prime minister Denis Manturov want to send out a "clear message that an enduring strategic partnership must have a strong and sustainable economic component". Jaishankar also pushed for a sync between what the respective governments are discussing and what businesses are planning in order for India and Russia to collaborate better economically.


Economic Times
32 minutes ago
- Economic Times
ET WLF: John Kerry, Shashi Tharoor, and Matteo Renzi to dissect fiery geopolitics
Synopsis John Kerry, Shashi Tharoor, and Matteo Renzi will discuss world affairs at The Economic Times World Leaders Forum in New Delhi. Their experience will provide insights into current geopolitical issues. Kerry will share his perspective on the US-India relationship. Tharoor, a diplomat and MP, brings global experience. Renzi, former Italian PM, handled various international challenges. Agencies Former US Secretary of State and presidential candidate John Kerry; celebrated diplomat, author and chairman of the parliamentary standing committee on external affairs Shashi Tharoor; and former Italian Prime Minister Matteo Renzi will be among the star draws, dissecting world affairs at The Economic Times World Leaders Forum this week in New geopolitical flux affecting every walk of life, insights culled from the heft of experience that Kerry, Tharoor and Renzi bring to the table will illuminate the invited audience at ET's flagship who served as the US special presidential envoy for climate with authority over energy and climate policy in the Biden administration till last year, has also previously chaired the US Senate foreign relations committee. He will share his thoughts on the fast-evolving recent relationship between the world's oldest and largest democracies. He was the Democratic Party's nominee for US president in 2004. Shashi Tharoor, a celebrated author and career UN diplomat who entered Indian politics after serving as undersecretary general at the global body, is a four-time Lok Sabha MP. He has been a practitioner and commentator in global diplomacy for decades. He recently led one of the all-party delegations that the government assembled to drum up support globally after Operation Sindoor. The delegation wrapped up its tour in the US, with a meeting with US Vice President JD Vance in June, after visiting Panama, Guyana, Colombia and Brazil. As Prime Minister of Italy between 2014 and 2016, Renzi handled a number of geopolitical challenges, including the European debt crisis, the civil war in Libya, Russia's military intervention in Crimea and the insurgency by Islamic State in West Asia. He has worked closely with global leaders such as Barack Obama of the US, Shinzo Abe of Japan, Abdel Fattah el-Sisi of Egypt and François Hollande of France.