India's domestic carbon-market push amid new EU costs for exporters
The Economic Times reports that the EU's carbon border mechanism took effect in January 2026, bringing new costs for Indian exporters in carbon-intensive industries such as steel and aluminium.
TLDR
The Economic Times reports that the EU's carbon border mechanism took effect in January 2026. It says the new costs could pressure the competitiveness of Indian steel and aluminium exports, prompting India to build a domestic carbon market and invest in cleaner technologies.
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