EU CBAM challenge: GTRI warns of trade hit; urges India to fast-track carbon scheme
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Indian steel and aluminium exporters are bracing for challenges as the EU's Carbon Border Adjustment Mechanism (CBAM) looms. Mandatory emissions reporting has already caused a significant export drop. The impending carbon tax, starting in 2026, threatens to further erode competitiveness, adding to existing trade barriers. What's Your Reaction?
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