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The Economic Times

Economy / The Economic Times

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EUs CBAM expansion to impact Indian engg, auto parts, machinery exports: GTRI

India's exports of engineering goods, auto parts, and machinery to Europe face potential carbon tax hikes as the EU expands its Carbon Border Adjustment Mechanism. Starting 2028, the CBAM will cover a wider range of manufactured industrial goods, including stricter rules for recycled materials. This move could significantly impact Indian manufacturers exporting to the bloc.

16 Apr 2026 8:18 pm