New Delhi, Aug 19: The Commerce and Industry Ministry on Tuesday organised an awareness session for exporters on the European Union’s Carbon Border Adjustment Mechanism (CBAM), aimed at helping Indian businesses understand and prepare for the bloc’s new carbon-related trade requirements.
The session was organised by the Department of Commerce in collaboration with the National Accreditation Board for Certification Bodies (NABCB) and the Engineering Export Promotion Council (EEPC) at Vanijya Bhawan. Around 100 exporters and industry representatives took part in the programme.
The discussions focused on the key requirements under CBAM, including the products covered, exporter obligations, calculation of embedded carbon emissions, data collection and reporting, and the role of accreditation and verification.
Officials and experts also used practical examples from the iron and steel and aluminium sectors to explain how the regulations could affect Indian exporters and what steps businesses need to take to prepare.
The session also gave exporters an opportunity to raise questions and discuss challenges related to compliance, emissions data and reporting requirements.
Joint Secretary in the Department of Commerce Amit Verma urged exporters to stay informed and begin preparing for the changing sustainability requirements in global markets.
He said the government was working to improve awareness among exporters and help industry better understand emerging trade regulations. The Department would continue to engage with exporters and other stakeholders to address concerns and find practical solutions, he added.
NABCB CEO N. Venkateswaran highlighted the importance of reliable accreditation and verification systems to ensure the credibility of emissions data, while EEPC Chairman Pankaj Chadha stressed the need for preparedness across the export supply chain.
Chadha also pointed to the importance of obtaining accurate emissions-related information from suppliers and other stakeholders and having effective verification systems in place.
The Commerce Ministry said it would continue its engagement with exporters, industry bodies and other institutions to build awareness and strengthen preparedness for sustainability-related trade measures.
The programme ended with an interactive question-and-answer session, where exporters sought further clarity on the implementation and compliance aspects of the EU’s CBAM regulations.
