trichy industrialists in the district have lauded the announcements made by the finance minister during the union budget that was presented on thursday industrialists who were expecting an increase in income tax limit end to price rise revamping ailing industries starting new companies gave a thumbs up to the finance minister the trade bodies here termed the budget industryfriendly as it has focused on each and every problem faced by them over the past 10 years arun jaitleys statement we need to maximise our utilisation of solar power the existing duty structure incentivizes imports rather than domestic manufacture of solar photovoltaic cells and modules therefore i propose to exempt from basic customs duty specified inputs for use in the manufacture of eva sheets and back sheets received by industrialists the trichy district small scale industries association president t raju rebero said the promotion of the industrial corridors in important cities and building smart cities for which a huge allocation has been done will automatically result in more business for industrial sector he further applauded the finance ministry for giving an allround speech focusing on all the sectors and its problems meanwhile the allied industries of bharat heavy electricals limited bhel trichy expected that the government would take some serious measures to revamp the ailing allied industries but nothing was announced said rebero hoping that the concerns will be addressed bhelsia an association of bhel allied industries too welcomed the budget as it had put more focus on industries the association president g pari said the duty cut made on renewable energy and the coal clearance will lead to steady flow of business for the ailing sector he further added that providing financial impetus to youth skill development and development of industrial corridor is also laudable