New Delhi, March 20 -- India's renewable hydrogen developers hope cost advantages and offtake interest will help kickstart "green ammonia" export opportunities in 2027 despite the sector's uncertain outlook, according to S&P Global Commodity Insights.

India aims to export more than half of its targeted production of 5 million mt of renewable hydrogen by 2030 from emerging hubs in the coastal states of Odisha, Andhra Pradesh, Tamil Nadu, Kerala, and Gujarat, where a handful of the large developers are in preparatory stage involving front-end engineering designs and final investment decisions.

"India is one of the few countries to be able to produce very competitive green hydrogen, so it is very important for regions like Europe where the...