India’s clean industry project pipeline has grown by 30 per cent over a six-month period, reflecting rising interest in low-carbon industrial growth amid geopolitical and supply-chain uncertainty.

Mission Possible Partnership’s latest Global Project Tracker shows that India now has the world’s third-largest clean industrial project pipeline by project count, after China and the United States. The country has 65 projects across four sectors and 11 states, representing an estimated $433.07 billion investment opportunity in clean fuels, chemicals and low-carbon manufacturing.

The pipeline includes projects in green ammonia, green methanol, sustainable aviation fuel and low-carbon aluminium across Odisha, Andhra Pradesh, Gujarat, Karnataka, Tamil Nadu, Maharashtra, Rajasthan, Madhya Pradesh, Haryana, Himachal Pradesh and Chhattisgarh. Green ammonia accounts for 49 projects, while sustainable aviation fuel activity is also gaining momentum.

Projects tracked include AM Green’s Kakinada developments, ACME’s green ammonia project in Odisha, Indian Oil’s sustainable aviation fuel initiatives, NTPC’s Pudimadaka proposals and Vedanta’s low-carbon aluminium operations in Odisha and Chhattisgarh.

Arnava Sinha, Executive Vice President – Green Hydrogen and Ammonia, ACME, said India’s green hydrogen story is moving from ambition to delivery, supported by green ammonia auctions, assured offtake, price discovery and competitive tariffs.

Mission Possible Partnership said clean industrial investment is accelerating globally, with projects reaching final investment decision at more than twice the pace recorded last year. The report also highlights the rise of a renewable energy-rich ‘industrial sunbelt’, including India, which could gain long-term advantage as clean manufacturing scales globally.

Yash Kashyap, India Lead, Industrial Transition Accelerator, said India has the opportunity to move from announcements to execution by accelerating policy support, financing and market demand. The tracker indicates that India is laying the foundation for a low-carbon industrial economy that could support manufacturing growth, exports and long-term investment.