India elects new prime minister

Friday, 16 May 2014 | 7:16 AM ET

CNBC's Michelle Caruso-Cabrera talks with Ashok Wadhwa, Ambit Holdings about Narendra Modi's landslide victory in India's elections and what it means for the country's economy. He needs time to be able to put a team together and resolve India's critical issues, says Wadhwa.