This, a thousand times. We only climbed in bed with Pakistan to offset Soviet-leaning India. Well, the Soviet Empire collapsed, the Death Star's been parted out, radical Islam is on the rise, and India is a LOT better fit for us than is Pakistan. Just as we sought out and built up Pakistan as a military hedge against the Soviets, we should seek out and build up India as an economic hedge against Red China. India is militarily fairly backward but with a great pool of brainpower; they can benefit from our experience and technology while we learn from what they make of our technology, how they cope with diversity (i.e. getting along with Muslims), their different approaches to common military and technological problems, and their broad scientific competency. Done correctly it should be a win-win relationship.
Cool video, Baasha. I especially like that first comment. Friends with benefits indeed.