Well during the 90's India did not do much business with USA anyways their main trading partner was Russia and they normally did trading with Middle east which they have expended so they were not much effected with any sanctions
It is only Pakistan who have depended on USA since 60's and later obviously left on its own due to sanctions and more disrespect over time
India does all mechanical work inside India (Engine - Auto/Cars - Electronics - Medicine companies etc), they have a 1 Billion people to sell the items to
Pakistan on other hand , gave up our industry to Mehran Suzuki and over reliance on purchased goods
We did not get 1 single piece of good "stuff" beyond the F16 in 80's when it was a top commodity - now we can't even get that or that 1 Terbella dam project in 60's worth mentioning which made a huge economic impact in 1960's
What was the next meaningful contribution ? OHP frigate perhaps - Yes the F16 upgrade was a decent item attained but even so .... we suffered the most due to 90's sanctions and understandingly as it was matter of national security for us
Look at the Helicopter saga !!! we can't even make it locally in Pakistan , our Anti Terror operations would have been 1000% more efficient had we manufactured our own Helicopter in capacity of 1000 copters for Military usage
Body we will make and engine will come from Dada?
It is not just because of not taking benefit from USA but also due to local culture.
Pakistanis are far more lazy than Indians in all honesty. I am not talking of all but the majority. Look at most businesses in Paksitan, they are import reliant, and use the simple model of importing items in bulk to sell locally at a mark up.
The items that are locally manufactered in Pakistan are none value added items ie textiles, leather goods, surgical instruments, sports matierials, assembled vehicles, etc... very little value added goods are manufactered in Pakistan. India had local industry to take the lead, we have yet to see a resemblence of Tatas or Ambanis.
Had Pakistan not nationalized its industries in the 70s due to bhutto and had we privitized state own companies to local pakistani businessmen in the early 2000s we would have seen our fords and rockefellers but unfortunately our institutions have done everything in their power to destroy business/industries and enrich the land owning fouj and feudals. Sad truth.
Musharaf had sellers for Pak Steel mills at a very good costs, justice sala chaudhry sidelined the deal due to stated "Corruption" since then this thief CJP has cost Pakistan over 10bn USD, why is he not punished? and guess what his cousin is the current criminal interior minister AKA Rana Sanuallah
bought in by the Fouj to protect their land holdings and business interest. In summary Pakistan is one of the few poor nations in the world that subsidizes the elite rich!!!
This is the sad state of our affairs today. 90% of our financial problems could be resolved tomorrow by implementing 3-4 major economic policy changes-
1. Get rid of ALL state subsidies, will save us close to 8 BN USD annually
2. Privitize majority of state own companies such as PSM, PIA, KEC, ETC via a firesale... will save close to 5 bn USD annually
3. Cut all retirement/pension benefits to every soilder with the rank of major or higher, including to ex personel. We will only reward our army when they achieve victory on the battle field.
4. Privitize ALL army own companies, these entities are actually very profitable and could be sold at a high mark up. The funds could be used to invest in infrastructure/schools/hospitals. This includes fauji cement, fauji fertilizers, etc... When our people are hungry who are these neutrals that will suck our nations blood???
Neither the STATE NOR THE ARMY has any business in running companies. They should focus on their jobs which is governing and security! These solutions will save Pakistan over 12+bn Annually , funds that could be used to help the poor. Not just that but these local companies will be sold off to LOCAL PAKISTANI BUSINESSES and financed via LOCAL Paksitani state banks. In summary we will self industrialize our own nation while at the same time saving enough money to build the infrastructure for 1 CPEC every 3 years if we wanted!