thyssenkrupp Nucera has opened a new location in northeast Mumbai. The office is located in Vikhroli and thus at one of Asia's most important ports. Together with a "sales and engineering competence center," it will support global activities in electrolysis technology and project execution.
Mumbai will be the eighth location of thyssenkrupp Nucera AG, which recently went public, after Milan, Houston, Tokyo & Okayama, Shanghai, Perth, Riyadh (Saudi Arabia) and the company's headquarters in Dortmund. According to the company, just under 30 people will be employed at the new location at the start.
Within three years the number is expected to increase to over 80, which would make the site one of the company's fastest-growing international locations.
Hydrogen Nation India
India is regarded as a future market for hydrogen technology - most recently the German fuel cell manufacturer SFC Energy opened a plant here. In the chlor-alkali electrolysis sector, thyssenkrupp Nucera says it already has a leading market position there with a market share of more than 70%. The development of the chlor-alkali market is closely linked to the positive development of India's gross domestic product. India is one of the most rapidly expanding economies in the world.
The country potentially has a very large capacity to generate electricity from renewable energy sources. India's Ministry of New and Renewable Energy (MNRE) estimates it at 245 GW. As a result, the potential for green hydrogen production is also very high. At the same time, however, India is the world's third-largest emitter of CO₂. Hydrogen demand there could therefore rise very sharply in the coming years, according to thyssenkrupp Nucera.
The Indian government plans to expand production capacities in its own country to 5 million tons of green hydrogen annually by 2030, which corresponds to an electrolysis capacity of around 50 GW. In the long term, India plans to have more than 10 million t of annual capacity. It should be able to meet its own demand and at least 10% of global demand. Europe is to become a central target market.
