B.R. Shetty, chairman of UAE Exchange and CEO of NMC Healthcare, said that a strong government at the centre was certainly the need of the hour and the NDA was the perfect choice of the people.
Shetty expected the new government to draw "a focused action plan" to address the issue of stalled growth across various sectors of the Indian economy, The Gulf Today report said.
"The poll results have already started showing their impact on stock markets, which has spiked significantly. The NDA government will spike up the confidence of investors and help enhanced FDI flow," Shetty added.
A number of Indian organisations held meetings in Saudi Arabia's Capital Riyadh to discuss the scenario emerging after the results came in favour of the right-wing Hindu nationalist BJP, Arab News reported Saturday.
The Indian expatriate community there seemed shocked and disappointed by the Modi's election victory story as they termed their meeting as a "condolence meeting on the sad demise of secularism in India".
"This victory, the first parliamentary majority by a single party in 30 years, will not simply trounce the currently ruling Congress party or other secular forces but it will virtually allow the Rashtriya Swayamsevak Sangh (RSS), the Hindu nationalist outfit, to enjoy power and saffronise government running institutions like the Indian Council of Historical Research to rewrite history as they did during their previous term in power under Atal Bihari Vajpayee," Arab News quoted Abdul Ahad Siddiqui, president of the Riyadh-based Indian National Forum, as saying.
Obaidur Rahman, chairman of the Jeddah, Saudi Arabia, chapter of the Bihar Foundation, said: "We have to adopt 'a wait and watch' policy after this divisive force's coming to power."
Rahman said that no one can deprive Indian Muslims of their rights in a democratic society like India.
Mohammad Ahmad Badshah, president of the Riyadh chapter of Aligarh Muslim University Old Boys Association (AMUOBA), said that the " unusual government" is tasked with winning the confidence of the minority community.
"This can only happen with love and understanding on both sides," he added.
Indian minority community in Qatar feared discrimination at the hands of the new government.
Martin Xavier, managing director of Continental Cooling Company, said minorities fear that a BJP-led government may take decisions against them because they will not need approval from any other party because of their majority.
"There is a fear that the government will initially not do anything against minorities, but later may resort to something," The Peninsula quoted Xavier as saying.
Mohamed Khaled, an Indian expatriate working as a recruitment coordinator in a multinational firm in Qatar, expressed his concerns on Gujarat-like incidents to be repeated under the majority BJP government.
"Muslims have so far not been able to digest this victory. Full majority to BJP may make the party go against minorities. Had it not got full majority there would have been some checks and balances on BJP in policymaking," The Peninsula quoted Mohamed Habibun Nabee, president of the Aligarh Muslim University Alumni Association, as saying.
"However, we should respect the outcome of the election. The good thing is that Narendra Modi, in his speech, has said that he would take all Indians together," he said.
