2019 Election results: Top media execs welcome PM Narendra Modi’s second term

2019 Election results: Top media execs welcome PM Narendra Modi’s second term

BJP-led NDA improved upon its tally from 2014

Election 2019

MUMBAI: Prime Minister Narendra Modi-led National Democratic Alliance (NDA) rode to a landslide victory in the 2019 election, with margins bigger than 2014. The party’s win proved all exit poll predictions true. While the BJP-led NDA bagged 349 seats, the Congress-led NDA could manage just 91. Prominent faces from the media and entertainment industry welcomed the people’s mandate.

“Transparency and technology, in my opinion, are the two key important aspects which will boost the media & entertainment sector and hence the government should continue its efforts in enabling this convergence. Our nation is blessed with rich and immense creative potential, which needs to be further unleashed and capitalised in order to drive innovation and most above, generate employment. I congratulate Prime Minister Narendra Modi on his victory. Corporate Inc. must together join this era of transformation and march ahead towards making the nation a global superpower," Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka commented.

According to reports, around 67 per cent of the nearly 900 million voters exercised their right in the seven-phase elections. 8,049 candidates were fighting in the race which started from 11 April and ended on 19 May. The market also seems to cheer the victory as Sensex and Nifty hit 40,000 and 12,000 levels, respectively.

“Many congratulations Shri @narendramodi ji and team @BJP4India on a landslide and historic win. As rightly put by you, India has won yet again. We are confident that you will build a new India deserving its rightful place in the world order,” Viacom18 group CEO and MD Sudhanshu Vats said. He also congratulated Rajyavardhan Rathore for his win.

"Congratulations @narendramodi‬ and @AmitShah‬ for the landmark victory - this is a victory for brand India that signifies progress and nationalism - JaiHind," tweeted BARC India CEO Partho Dasgupta.

MX Player CEO Karan Bedi said, “Indian OTT platforms have benefitted from the historically low data prices that are a product of the government’s favorable measures. As the country’s largest video streaming platform, we are excited about the potential for growth in digital-driven ecosystems across semi-urban and rural India. Technology and telecom infrastructure development in these areas will further accelerate our entry into smaller markets while offering OTT players the opportunity to innovate and flourish at scale. It will also help more indigenous talent to emerge and trigger a cycle of inclusive growth.”