C4IR India An Impact Journey 2025

Page 49 of 56 · WEF_C4IR_India_An_Impact_Journey_2025.pdf

Context India is adopting ambitious goals for deploying solutions such as clean hydrogen, energy storage, carbon capture and sustainable aviation fuels. This includes a target of 5 MMBTU10 production capacity of green hydrogen and an electrolyzer manufacturing capacity equal to 40 GW by 2030. This will more than double the total global existing manufacturing capacity at the end of 2023. Achieving this is expected to require 42 GW of battery storage capacity. There has also been an increasing interest in accelerating advanced nuclear technologies in the fuel mix. These energy transition goals go hand in hand with the country’s “Make in India” ambitions, which aim to build the nation’s supply chains and industrial capacity. Creating strong industries and supply chains in India is a central part of the country’s advanced solutions strategy. Various central-level policies and regulations have been implemented over the past few years to promote domestic manufacturing of advanced energy technologies and components. The Make in India production-linked scheme is an example of such an intervention to incentivize incremental sales from products manufactured domestically. In so many ways, the world’s energy future will depend on India’s energy future. Jennifer Granholm, US Secretary of Energy Objective The dialogue series aims to support the deployment of advanced energy solutions in India to aid its increasing role in global advanced energy solutions supply chains. The dialogue series also informs the global industry vision for the advanced energy solutions community. The key objectives include: Articulating the impact on job creation, investment and healthcare savings in India by building out domestic supply chainsExploring the role India can play in global advanced energy solutions supply chains Suggesting policy tools to achieve this vision Community 10. Metric million British thermal unit. Centre for the Fourth Industrial Revolution (C4IR) India – an Impact Journey 49
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