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Mumbai’s business giants cast their votes in the Lok Sabha elections

Industry captains, including bigwigs from the house of Tatas, Ambanis and Birlas, on Monday joined fellow citizens in the financial capital to vote in the fifth phase of the ongoing Lok Sabha elections.

The six Lok Sabha seats in Mumbai were in thirteen constituencies that voted in the fifth and final phase of the Maharashtra elections.

Development and good governance, and the need to accelerate economic growth, were cited as key issues influencing the voting choice of business leaders as they exercise their constitutional right at polling booths across the metropolis.

Some, like financial industry veteran Deepak Parekh, also spoke about the challenges, such as the long wait times people face at the polling booths, pointing out that the respite from the sweltering heat could deter voters from leaving their homes and casting their votes to release.

Polling stations in major districts of South Mumbai witnessed queues very early in the morning, with Tata Sons chairman N Chandrasekaran among the first among the India Inc leaders to exercise their voting rights.

Elections for Lok Sabha seats in Mumbai started at 7 am.

RBI Governor Shaktikanta Das voted with relatives at a school near his official residence in south Mumbai, while India’s richest Mukesh Ambani, who lives a few blocks away, gathered with his wife Nita and son Akash later in the evening the same school appeared. to tow.

Noted industrialist Kumar Mangalam Birla ecstatically told reporters that his 19-year-old younger daughter Advaitesha, along with him and her elder sister Ananya, also voted for the first time.

With Mumbai known for voter apathy, many industry leaders appealed to voters to come out in large numbers and exercise their franchise in electing their Lok Sabha representatives.

Billionaire founder of online beauty portal Nykaa, Falguni Nayar, called voting both a right and a duty and listed a slew of factors that influenced her vote.

‘The problems have more to do with what I call quality of life, healthier living, better water quality, better healthcare facilities, better transport services, better air quality that we breathe, because all that takes a lot out of us too. So I would urge the new government to focus on that,” she told PTI.

Ananya Birla, who runs one of the country’s largest microlenders, said the candidates’ educational qualifications, economic policies and historical records influenced her vote choice.

However, it was factors such as stable government, development and accelerating economic growth – unsurprising given the entrepreneurial spirit of this subset of the population – that had the deepest resonance when it comes to elements influencing the voting decisions of industry leaders.

Asked about the factors that influenced him before voting, Anand Mahindra, Chairman of Mahindra Group, termed ‘governance and its outcomes’ as the ‘primary issue’ and added that the results of these actions will improve the quality of life for all improve.

Banker Parekh reiterated the same and said that while voting he was thinking about the stability of the new government and the need for good leadership at the Centre.

”We need stability, we need good leadership at the Centre, which we have had for the last ten years. So we hope that whichever party is chosen, there will be stability,” he said.

The veteran banker said there is a need to grow rapidly from now on, adding, “India’s growth should be at a pace twice that of the world.”

Industrialist Niraj Bajaj spoke about the need to empower the poor as a key aspect for policy making and in a very candid admission added that measures for the industry or for those who are doing good in life do not matter.

”What is important is what is good for India, for the poor of India.” Personal well-being is not that important right now. What is important is what is important for the country,” he added.

Industrialist Anil Ambani, who is facing a slew of challenges on the business front, also cast his vote very early on the voting day.

While there were some voices raising concerns over time and queues, Das, a career bureaucrat turned central banker, spoke about the logistics involved in the exercise and thanked polling officials for their work in ensuring successful elections.

Nayar said voter awareness is very high but there seems to be a tendency to be motivated by the outcome, which should not be the only guiding factor.

‘What I understand is that people want to vote where they think they can make a difference. But I think it’s also important if you don’t think it’s going to change the outcome,” she said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)