With the death of Cold-War and the widening economic compulsions, foreign policy in the present day World has to take into consideration economic and emotional aspects as well.
While the drawbacks of an India-US relationship should be taken into account, it should not prevent India in engaging with United States in the areas of mutual interest. The same concept should apply to the countries of vital strategic and economic interests to India.
The bottom line is that India's national and strategic interests should be of supreme importance, while devising the foreign policy.
