Step 1 on the (very short) path to making the US dollar permanently lose its influence. Unless India starts invading Pakistan for conquest or population destruction, sanctions even on Indian politicians and their families go way too far (not to mention some of those sanctioned people would likely be top business leaders as well). The US is already testing its limits trying to go against Russia and China simultaneously. Economic warfare (for that is what sanctions effectively are) against India as well would be catastrophic.
> Economic warfare (for that is what sanctions effectively are) against India as well would be catastrophic.
No it wouldn't. India is still tiny economically compared to the US and the global economy. They have a $3.x trillion economy; the US is seven to eight times larger. Maybe in another 25-30 years they'll get to a $10t economy (in today's USD).
> The US is already testing its limits trying to go against Russia and China simultaneously
The US isn't testing its limits at all re Russia. We're not even breaking a sweat yet (we're hardly making an effort at industrial scaling just for military purposes for example). We're using our vast logistic machine to ship Ukraine weapons to defend itself, and they're doing most of the hard work. The US is using a few single digit percent beyond its normal pace for the Russia vs Ukraine war. We're not mass producing war machines just for that purpose for example; so far it's largely logistics/shipping/intel and modestly boosting a few types of ammo that Ukraine particularly needs. The US also has plenty of help from its NATO (and other) allies on sanctions and weaponry, which makes it that much easier on the US (not having to go it alone).