Personally I would be happy with the lobbying. They practically own the US (and no I don't mean that as a conspiracy theory - it is the truth). Get a lot of heat off the country.Its has to be some sort of beneficial deal. They provide something of value to us (maybe some tech transfer + their lobbies in Washington work for us?) and we recognise them.
It is important to note that when musharraf even give a whiff of recognizing Israel in the early 2000s, they gave us lobbying for Kashmir (that's how influential they are). As soon as that ended they took it away.