New Delhi: After surprising political pundits its impressive debut in the Delhi Assembly polls, the Arvind Kejriwal-led Aam Aadmi Party (AAP) has become a reason for the virtual division of the Indian industry.
While companies from the so called new economy, including information technology and telecom are emerging as pro-Kejriwal for his new approach to politics, companies from the traditional sectors such as mining, oil, coal, power, port, oil and cement among others are seen as against the new party.
The old business houses, who have strong deep-rooted connections with the Indian political establishment, are also not too keen to support Kejriwal.
This is contrary to the view till now that industry is backing only the Bharatiya Janata Party and its Prime ministerial candidate Narendra Modi, who has a pro-industry image.
“This is for the first time that the industry is getting divided on supporting a political party,” said industry sources.
As the AAP is planning to contest the forthcoming Lok Sabha election in 2014 nationally, these companies are seen as an important source of funding for the party.
Analysts say that as IT and other companies involved in technology innovation are not depended on government patronage, they will be benefited from more transparency in governance. However, mining and other tradition business activities depend more upon close contacts with the government.
“IT companies whose revenue depends on outsourcing can afford to take on the government. But traditional companies depend on patronage from the government in terms of getting favourable licences, which can make or break a business, would like more traditional parties, with whom they had done business in the past,” said sources.
Infosys founder and executive chairman N.R. Narayana Murthy has praised the AAP for its victory in the Delhi Assembly elections.
Non-dependence on government, is seen as one of the reasons for the AAP being popular in cities like Bangalore. Being more aggressive on the social media, employees from technology companies have been seen a strong vote bank for the AAP. The critics see the AAP fighting the coming Lok Sabha election from Bangalore.

Aam Aadmi Party convener Arvind Kejriwal arrives at Koshambi metro station. Kejriwal boarded the metro on Monday to take oath as Delhi Chief Minister at the Ramlila Maidan in the national capital as hundreds of people jostled with each other to board the train with him. There was no place to stand in the Metro premises and people were falling over each other as Kejriwal arrived to board the train.

Kejriwal waits for the train at Koshambi station. Kejriwal, Manish Sisodia and other AAP supporters took the metro train around 11 a.m. Before boarding the train, Kejriwal said, "It is a beginning. The second fight for independence. Till this country gets freedom from corruption, famine and injustice, this fight will continue. It is the victory of the common man."Lieutenant Governor Najeeb Jung with Arvind Kejriwal and other cabinet ministers at a procession before oath ceremony at Ramlila maidan in New Delhi. "We will start our work the moment our swearing in ceremony is finished", said Kejriwal.Lieutenant Governor Najeeb Jung administers the oath of office and secrecy to Arvind Kejriwal, Delhi's seventh CM, who is Delhi's youngest CM too, at Ramlila maidan in New Delhi. 45-year-old Kejriwal, a former revenue service official, who scored a stunning debut in electoral politics winning 28 of the 70 seats promises a corruption-free govt and new style of governance without arrogance of power.Kejriwal speaks after taking oath as Delhi Chief Minister. "We were born to remove the arrogance of big parties. We should be wary that no other party has to take birth to dismantle us". On the confidence motion on the floor of Delhi Assembly next week, Kejirwal said his party was not bothered about its fate as "we are not here to grab power".Kejriwal after taking oath as Delhi Chief Minister. "It is not Kejriwal who took oath today but it is the common man. It is the victory of the common man," he said, adding "the road to truth is not easy but full of thorns and we will face all future challenges". Kejriwal during the oath taking ceremony in New Delhi. In his 20 minutes long speech, Kejriwal said, "We don't have solutions to all problems. We don't have a magic wand to solve problems immediately. The fight is very long and we will need the support of people to end corruption in the capital and the country. The main problems in the country arise due to dirty politics and we have to clean it."Lieutenant Governor Najeeb Jung administers the oath of office and secrecy to AAP convener Arvind Kejriwal as Delhi Chief Minister and party leaders Manish Sisodia, Somnath Bharti, Saurabh Bharadwaj, Girish Soni, Rakhi Birla and Satyendra Jain as cabinet ministers during the oath-taking ceremony at Ramlila maidan in New Delhi.Kejriwal with cabinet ministers Manish Sisodia, Somnath Bharti, Rakhi Birla, Satyendra Jain, Saurabh Bharadwaj, Girish Soni waves after they took oath as ministers administered by Lt Governor Najeeb Jung. "Whether we pass or fail in the test of confidence motion, we are ready to face elections, if we fail. The people will vote us with a huge majority," Kejriwal said to the a huge crowd at the Ramlila Maidan.Arvind Kejriwal signs a document after being sworn-in as Delhi Chief Minister, at Ramlila maidan in New Delhi. Kejriwal had said that AAP's fight is not over till the country is free of corruption.Arvind Kejriwal, center, pays respect at the memorial of Mahatma Gandhi after being sworn in as the chief minister of Delhi, in New Delhi. Tens of thousands of people cheered as the anti-corruption crusader who heads a new political party vowing to uproot graft from Indian politics was sworn in as the chief minister of India's capital.Arvind Kejriwal pays his respect at the memorial of Mahatma Gandhi after being sworn in as the CM of Delhi. "I don't believe that all bureaucrats are corrupt. I will not hesitate in admitting that most officers are honest. It is also a challenge before the bureaucracy to deliver a corruption free regime," Kejriwal said.Arvind Kejriwal, center, leaves after paying respect at the memorial of Mahatma Gandhi. "We had lost all hope and thought that politics is hooliganism and corruption. But in Delhi Assembly elections, people have proved that politics can be done with honesty, elections can be fought and won with honesty," Kejriwal said.A supporter holds a broom, the party symbol of Aam Aadmi Party and greets Arvind Kejriwal, inside car, after the latter was sworn in as the chief minister of Delhi. "I used to suggest Anna Hazare that if we want to clean the system, then we will have to get down in this 'dirty politics'. Hazare was opposed to entering into politics. I told him that we will have to enter it to clean it", said Kejriwal.Arvind Kejriwal addresses the media after assuming the office of the Chief Minister of Delhi in New Delhi. As per decision of first meeting of the cabinet presided by CM Arvind Kejriwal, no minister or official in Delhi Government are allowed to use red beacon, or personal security or escort car. Security to be allowed based on threat perception, Delhi cabinet decides.Arvind Kejriwal talks on a phone as he is seated to assume the office of the Chief Minister of Delhi in New Delhi.Arvind Kejriwal drinks water as he sits to assume the office of the Chief Minister of Delhi in New Delhi.Delhi CM Kejriwal with cabinet ministers before the start of the cabinet meeting at Delhi Secretariat in New Delhi.
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