GTRI urges fast-tracking India’s carbon credit scheme to mitigate trade risks under the EU’s CBAM from Jan 2026, especially in aluminium.
👉 Source: Times of India

Summary :

Indian steel and aluminium exporters face fresh challenges as the European Union (EU) will begin collecting carbon border taxes under the Carbon Border Adjustment Mechanism (CBAM) from 1 January 2026, according to a new report by the Global Trade Research Initiative (GTRI).

The levy, notified in May 2023, initially covers steel, aluminium, cement, electricity, hydrogen, and fertilisers, but will gradually expand to other products.

The mechanism is designed to align the carbon costs of imports with goods produced within the EU.

Article Link :

https://timesofindia.indiatimes.com/business/india-business/eu-cbam-challenge-gtri-warns-of-trade-hit-urges-india-to-fast-track-carbon-scheme/articleshow/124013