In India, land is the most valuable thing in general and all land/housing/infra related industries are infested with politicians.
There are exceptions of course, and unless this company is one, they'll just be back with a new name, and the political party will be advertising to the public how they're so unbiased that they shut down the company of their own political brother.
The European mindset seems to be to let them keep doing stuff - e.g. Fujitsu in the UK.