The congress party had stated that it has accepted defeat during the election.
The Bharathiya Janatha Party had managed to won 331 seats from a total of 543 seats and the Congress Party only managed to win 62 seats.
Meanwhile, the AIADMK party lead by Jayalalithaa managed to win the majority power in Tamil Nadu and had obtained 36 seats overall taking third place overall.
However reports state that Narendra Modi will not need the assistance of Jayalalithaa to establish a government.
Indian media reports that supporters of the Bharathiya Janatha Party have gathered at the party office in New Delhi and are currently celebrating their party’s victory.
Leader of the Congress Party Sonia Gandhi is scheduled to issue a statement regarding the loss this afternoon.