India is in a unique position, where it can take advantage from USA.
Future cold-war between USA & China is inevitable. This will be aggravated by a resurgent Russia which is close to China.
An economically strong India can 'tilt' the balance-of-power significantly in favor of the China-Russia-India axis, which USA may want to prevent at all costs. Besides, India offers a vast market for the american companies, whose home-turf is saturated. All this is bringing USA closer to India.... & not the 'democracy' crap given by the americans.
For its part, the Indian govt has to play its cards very,very carefully to extract the maximum juice.
They have to get close to US, but maintain distance at the same time. India should NEVER be a strategic ally like JAPAN, UK or AUSTRALIA, to USA.
India should be seen on the side of China-Russia, as well as America. This will give India a tremendous leverage over both the sides.
India should also show her 'independent-thinking' at every possible oppourtunity...