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Interesting Hypothesis but your conclusion is based on the fact that India would sign the deal for Nuke's, which is incorrect. India wants the deal for producing electricity and related Tech
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It may *seem* as if electricity is the main reason the deal is being negotiated, but it is not. Nuclear plants have an extremely high capital cost, and building hundreds of them is not economically feasible for India. Even the best estimates say that nuclear power plants will contribute at most 10% of India's energy mix by 2040, up from the current 3% or so. Hence, the deal is more about bringing India into the nuclear mainstream and thus easing the way for export of other advanced technology to us. This is also a part of cultivating an "ally" or hedge against China in Uncle Sam's book. However, this deal fails to take into account India's security concerns.
Since electricity is not going to form a large part of our energy mix anyway (unlike, for example, France), the question we have to ask ourselves is this: Should we sign away our right to self defence in exchange for a 7% increase in electricity by 2040?