At Davos, the Aam Aadmi Party is trending

India Inc has said in Davos, where the World Economic Forum is being held, that they are watching the Aam Aadmi Party's (AAP) experiments with politics closely to see how it matures in the days to come.

This comes in the wake of AAP led by Delhi Chief Minister Arvind Kejriwal laying siege to Delhi, sitting in protest and running the government from the streets for two days.  Arvind Kejriwal wants control of the Delhi Police, which reports to the Centre, transferred to his government.

Arvind Kejriwal's political moves in Delhi are being discussed in faraway Davos, where many members of India Inc have converged for the World Economic Forum.

His year-old Aam Aadmi Party, with its unconventional approach to politics and its spectacular debut in the Delhi elections, is being watched closely by the world they say.

Calling AAP's emergence "a phenomenon" and its debut "spectacular", Infosys co-chairman Kris Gopalakrishnan said, "We will have to watch how AAP will mature." Mr Gopalakrishnan, who is also the president of the CII (Confederation of Indian Industry), said.

AAP is now also being seen as a serious contender for a significant chunk of seats in the general elections due by May and corporate India wants to know what it economic policies are.

Mr Kejriwal, the new chief minister of Delhi, had sent alarm bells ringing recently when he said he will not allow foreign chains like Walmart and Tesco to set up multi-brand retail stores in Delhi, reversing the earlier Congress government's stand on the issue.
    
Manish Kejriwal, managing partner of Kedaara Capital, said foreign investors are in a wait-and-watch mode on India before the general elections. "The state election results confused foreign investors...AAP still needs to do a lot before global investors become comfortable," he said.

On the AAP government's move to offer subsidised power tariffs and free water for low usage residential customers Manish Kejriwal warned that it was important to be inclusive, but not be populist.
 
"We have to see how we can engage with AAP, in terms of understanding their perspective. It's drawn a lot of attention. We have to deal with it with proper perspective." said CII Director General Chandrajit Banerjee said.