India is stepping up its readiness for the European Union's Carbon Border Adjustment Mechanism (CBAM), which will impose carbon costs on imports like steel and aluminium. The policy is already affecting Indian exporters, who face new compliance requirements to measure and report embedded emissions. The article on SME Futures outlines how Indian industry and government are responding to avoid losing market access to the EU. For carbon market watchers, this is a real world test of how border carbon adjustments drive industrial decarbonization outside the EU. India's approach to CBAM readiness could set a precedent for other developing economies facing similar export barriers. The piece covers the specific sectors most exposed and the policy steps being taken, making it a useful read for anyone tracking carbon border mechanisms and their trade effects.
