Indo-Asian News Service, New Delhi, Feb 10: Complimenting the Aam Admi Party (AAP) for its landslide win in the Delhi state elections, Indian industry Tuesday said it looked forward to collaborating with the Arvind Kejriwal-led government in the national capital’s development.
However, the stocks markets which have been on a roller coaster ride since Monday, were trading in the red in the late afternoon session Tuesday.
The Confederation of Indian Industry (CII) complimented AAP on its strong performance in Delhi state assembly elections.
“CII and the industry in Delhi are confident that the new government would be industry-friendly and would strengthen Delhi’s position both economically and socially,” said Zubin Irani, chairman, CII Northern Region.
Federation of Indian Chambers of Commerce and Industry (FICCI) congratulated AAP for its victory and hoped that the huge mandate will be used to create positive governance environment for growth of businesses in the state.
Privately, industry leaders however, remained apprehensive over the policies the AAP government will pursue.
They also advised the AAP leadership not to indulge in an excessive exercise in giving out doles as such measures could prove counterproductive and promote lethargy in the system.
Industrialist Harsh Pati Singhania too congratulated Kejriwal for leading AAP to a landslide victory in Delhi assembly elections.
“His unhindered zest to project the issues of common man as his election motto has reaped rich dividends,” Harsh Pati Singhania, director, J.K. Organisation and vice chairman and managing director, JK Paper said.
Top banker Deepak Parekh described the victory of AAP in Delhi’s assembly elections as a “vote for change”.
“It is a change for which the people of Delhi voted,” Parekh, chairman of Housing Development Finance Corporation told reporters in Mumbai on the sidelines of an event.
