As the pundits predicted, India will have the inauspicious honour of being the first country to host U.S. President Barack Obama following the largest shift in public support away from an incumbent President’s party in over 60 years.
But if the results show a clear message of dissatisfaction at Washington from U.S. voters, the fallout once the dust settles on Capitol Hill could well result in good news for India.
Here are three ways that a shift in Washington politics could play into India’s interests:
Republican candidates swept to power in the House of Representatives, and almost squared the Senate, largely on widespread disaffection with the country’s stagnant economy and large unemployment rates. The new-look Congress will feel immediate pressure to tackle these.
Washington is likely to look at stimulating international trade in order to boost the struggling economy. There’s a reason Obama will have representatives from over 200 businesses in tow when he lands in India, and striking lucrative deals for defence equipment and technology sharing is a priority that crosses the party-political divide.