New Delhi: India has stepped up preparations to help exporters comply with the European Union's Carbon Border Adjustment Mechanism (CBAM), with the commerce ministry setting up a committee comprising representatives from key ministries and departments, regulators and industry bodies, a senior official said on Tuesday.
The commerce ministry has set up the Committee on Export Preparedness for EU CBAM. It was constituted under the chairmanship of an additional secretary-level officer, bringing together key ministries/departments, regulators and industry bodies.
