For next six to eight months we are in a honeymoon period where nothing will be questioned but

beyond a year or so people will begin to question," Mr Arora adds.

Describing Narendra Modi's thumping win as truly "historic", Madhav Dhar, managing partner of
GTI Capital, says May 16 will be "looked back as a day when India finally grew up... when the
country finally moved beyond the politics of poverty and religion and what you are hearing is an
aspiration screen for modernism."

Though there are a lot of challenges for Indian economy, Mr Dhar says he is "confident that
Modi's win will translate to higher growth, lower inflation, and better governance...given his track
record in Gujarat."