<h1>India Boosts Manufacturing with Deferred Import Duties in In Bond Manufacturing Scheme.</h1> The Minister of State for Finance and Corporate Affairs participated in a virtual event organized by the Central Board of Indirect Taxes and Customs, highlighting the In Bond Manufacturing and Other Operations scheme. This initiative, part of the Atma Nirbhar Bharat Abhiyan and Make in India programs, aims to enhance India's manufacturing capabilities by offering deferred import duties on capital goods and raw materials used in bonded manufacturing. The scheme promotes efficient capacity utilization with minimal physical interaction, supporting India's goal to become a global manufacturing hub. The event also emphasized recent improvements in customs processes and the government's commitment to ease of doing business.