The surprise announcement by the Swedish Academy in Stockholm was also welcomed as a "marvelous and amazing decision" with noted lyricist Javed Akhtar saying it proves that music can also be a part of literature.
75-year-old Mr. Dylan, whose most popular songs include Blowin' in the Wind, Mr Tambourine Man, Like a Rolling Stone and A Hard Rain's A-Gonna Fall, was cited "for having created new poetic expressions within the great American song tradition".
Amjad saab said he is happy that a musician has received the honour and called Mr. Dylan a "deserving candidate" for the Nobel Prize.
"He has given so much happiness and good music to people. This is the beauty of music that as a musician of any country we are connected with each other because we work with the same seven notes."
Rahman, in a Facebook post, thanked Dylan for influencing him with the songs and transporting people to an alternate world.
"#ARRahman, #VishweshKrishnamoorthy & the team of 99 Songs, celebrate the Nobel prize award for #BobDylan and want to thank him for influencing three generations with his songs, transporting people from their crazy lives to an alternate world."
Javed Akhtar said he was very excited to learn the news.
"I am very excited. As a matter of fact it is so wonderful to know that people are not rejecting or accepting things by genre but by quality. We tend to be puritan about certain things. If it is a song it is not taken as literature. Ghazals and nasam are considered literature. Bob is a great guy. He is a man who created a moment," Javed saab said.
Veteran singer Usha Uthup said she was "very excited" and the excitement is not going to die down.
"It is such an exciting moment. This is an amazing decision for people who think that song is part of a literation. This is a marvelous decision. I am elated."
Singer Adnan Sami, composer-singer Vishal Dadlani and Shilpa Rao took to Twitter to share how Mr. Dylan's works helped shape their music.
Ur Music will impact d World only when ur Melody becomes 'one' with d emotions of your Soul...#Music #Passion #Soul pic.twitter.com/bH7GAaKCDC
— Adnan Sami (@AdnanSamiLive) August 6, 2016
Can't even express my joy! #BobDylan won the Nobel Prize for Literature! This is AWESOME! His songs shaped the meaning of freedom for me!
— VISHAL DADLANI (@VishalDadlani) October 13, 2016
Here's to celebrating lyrics and lyricists #NobleforDylan
— Shilpa Rao (@shilparao11) October 13, 2016
Many other notable names from the entertainment world also tweeted for Mr. Dylan's honour.
Bob Dylan.Nobel Prize!We fought over him when we were young.I never understood his rebellious lyrics.She loved it.She no more.Must be happy! pic.twitter.com/xLiHbe1Kq3
— Rishi Kapoor (@chintskap) October 13, 2016
#bobdylan wins a Nobel prize for literature! Should've got it years back. Seeing him 'live' this... https://t.co/h01BpfNIOX
— kunal kohli (@kunalkohli) October 13, 2016
Bob Dylan,like any true artiste was compelled to walk away from his followers.He wrote d poem that came to him not wht his fans wanted .
— Sudhir Mishra (@IAmSudhirMishra) October 13, 2016
https://t.co/FAgkNyb6r4
— Prosenjit Chatterjee (@prosenjitbumba) October 13, 2016
So happy to know https://t.co/L0bQ0MXejO of my happiest moments
https://t.co/FAgkNyb6r4
— Prosenjit Chatterjee (@prosenjitbumba) October 13, 2016
So happy to know https://t.co/L0bQ0MXejO of my happiest moments
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)