One such opportunity lies in the realm of electric vehicles (EVs). Both India and China are on the cusp of transformative shifts in transportation, and the adoption of EVs could play a pivotal role in sustainable development and poverty alleviation in India. As India considers domestic EV manufacturing in collaboration with Chinese companies such as BYD, Leapmotor, and NIO, the potential for job creation, trade, and technology transfer is enormous. Chinese expertise in EV technology could help India meet its ambitious environmental goals while bolstering economic growth.

In such a scenario, closer engagement with Beijing, does not mean that New Delhi needs to abandon its call for open sea lanes and unhindered movement through the South China Seas, or its support to QUAD, or participate in the naval exercises in the Pacific, or disown His Holiness the Dalai Lama, or break trade and other contacts with Taiwan, to name a few. Each is critical to crafting India's foreign and security policy towards China, the ASEAN, and the Indo-Pacific. 

Trump's strategic motivations would likely involve promoting a pro-American government in Dhaka, with Modi playing a role in shaping Bangladesh’s political future. This could open up avenues for joint Indo-US ventures in Bangladesh, possibly even enabling American companies to facilitate energy projects connecting Nepal’s hydropower resources through India to Bangladesh.