India’s bid to keep carbon cash home as Europe adds a new trade cost
- Posted on September 28, 2026
- By Business News Today
- 0 Views
- 1 min read
In brief
Generating AI summary…
India’s bid to keep carbon cash home as Europe adds a new trade cost
India's exporters will encounter new carbon costs due to the European Union's Carbon Border Adjustment Mechanism. The mechanism, effective from January 2026, targets carbon-intensive goods and imposes a cost on emissions. India's heavy reliance on carbon-intensive industries like steel and aluminium raises significant challenges in maintaining export competitiveness. The country is establishing a domestic carbon market to mitigate these challenges and promote cleaner technologies.
