Analysis: India wants to be the next China. 500 million women hold the key | CNN Business

New Delhi CNN  — 

India, the world’s fastest growing major economy, is not firing on all cylinders.

That’s a problem for Narendra Modi, who has just won a third consecutive five-year term as prime minister, although without a simple majority.

The 73-year-old wants to make the country a $5 trillion economy before the end of the current decade. His plans for reform have been complicated by the narrower-than-expected election victory, and there are major challenges ahead.

One entrenched problem standing in the way of India’s superpower ambitions is the lack of jobs for hundreds

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