Obama: a hero or superhero for India Inc.??

Finally the confusion is over, Barack Obama will be the new US president and the most powerful personality on this planet atleast for 4 yrs to come!! Love him or hate him, but one has to bear him. So what does it imply for India Inc.? for India Politics Inc.?? The questions are many and answers still many. One thing is for sure that the new president cant afford to ignore the mighty strength of the insurgent India. Mr. President for whatever reasons will be a good friend of India but the extent to which India benefits from this relationship needs to be seen...because the devil lies in the details. Although Bush administration was a global failure, it was big success for India..arguably the best US government so far for India. Apart from the Nuclear Pact, it was the Bush administration that in the name of countering terrorism, forced Pakistan to check the rampant terrorist activity on its soil. Bush administration took India-US relations to new heights.
It is quite evident that the current economic conditions will force Obama to adopt short term protectionist business policies in order to enable US Inc. to tide over the current recessionary pressures and also fight unemployment. Also more stricter regulations are in the offing. Indian companies dependent on US for business may suffer in the short term with uncertainty in the long term. Outsourcing will become the culprit once more and some regulations against it are also in the offing. but the finer print will decide the final implications.
For the time being, India Inc. should adopt a wait and watch policy, as even the Indian government will oppose any regulation that might threaten indian industries.