Green Hydrogen Electrolyser Stacks
$0.20 bnAnnual import
25%Indian capability
3,725Supplier concentration (HHI)
₹5,000 crTo localise
Why India imports it. Nel, McPhy, Peric dominate; India has Ohmium, Adani, NTPC scaling.
Why it matters. Green Hydrogen Mission aims for 5 MMT by 2030.
Can India localise it? Yes - 3-5 years.
Where it comes from. China (50%), Germany (30%), Norway (15%).
Scorecard
The ten indices
CMDI 66Dependency
LPI 54.5Localisation potential
IAI 63.75Investment attractiveness
SRI 60.5Supply risk
SCI 55.75Supply-chain complexity
TRI 42.25Technology readiness
IMI 70.5Industrial multiplier
NSRI 54.75National-security relevance
EPI 63.75Export potential
ICGI 62.5Capability gap
Who makes it
Manufacturers
In India
Ohmium InternationalAdani New IndustriesNTPC Green Energy
Global leaders
Nel AsaMcphyPeric Hydrogen
On the ground
Localisation projects
- Ohmium PEM Electrolyser Gigafactory
Intelligence
Related signals
- India Now Has a Structured Map of Where It Stays Import-Dependent
- India's Deepest Chokepoints: EUV Photoresist, Leading-Edge Logic and Aero-Engines
- Where Dependency Meets Feasibility: SiC Power and Display-Driver ICs Are the Build-Now Surfaces
- Battery Materials Processing — Lithium, Cobalt, Nickel and the Cell-Ecosystem Opportunity
Sources
Primary references
Confidence: Verified. Verified: NGHM outlay documented. Part of Techadyant Labs' Critical Manufacturing Dependencies (Edition I).