From pundits to polls, there was a wide expectation this year that Indian Prime Minister Narendra Modi would not only win a rare third consecutive term, but also secure an even bigger parliamentary majority than he had before. As results emerged on Tuesday, it was clear that India’s voters had other ideas. Modi’s Bharatiya Janata Party won the most seats—more than the entire opposition alliance combined—but it will need the help of coalition allies to form a government.

How will Modi govern in a third term, and what will it mean for the world? FP’s Ravi Agrawal is joined by experts Milan Vaishnav and Yamini Aiyar to discuss.

Why India’s Modi Underperformed