France and England weren't always like that, if you go back far enough they too had to grow through alliances with other nations. If you go back far enough, you'll see instances in history of a more united and self-reliant India; such as the Mauryans.
Thats taking it to far backwards, i am talking about how all those ancient and medieval circumstances has molded the mindset of each people and nations as an whole. Maurya has long since dissolved and its cultural effects on India are all but completely forgotten all though its quite alive in neighboring countries like Burma and Thailand,Tibet etc., is no consolation to Indians. Todays India is more influenced by muslim,british invasions that is why we resist to much foreign involvement.
US relations with Pakistan should end, I agree. Pakistan is showing more and more everyday of its intent to drift towards China, and yet we are witnessing the destabilization of Pakistan by the US air force and their agents. Pakistan has spent well over $30 billion US dollars in helping them in their war on terror.
The US helping China in its economics is hard to say at this point, since they're also shouldering parts of US debt at the moment and starting to piss off the world with their ignoring of intellectual patents, copying everything, and you also have to consider that the US has far stronger relations with South Korea, Japan, Taiwan, and ASEAN. It appears a game is being played to contain China, and the CCP have taken it hook, line, and sinker.
Whether or not being an ally of NATO or the US will be detrimental or positive to India in the long run is hard to say; although I would doubt it would be negative. Yes it would mean greater involvement against China, but the PRC has few friends in this world. Too much isolationism will damage Indias growth and image.
PRC has one true friend in Pakistan rather they both rely on the old dictum of "My enemies, enemy is my friend" both China and Pakistan see India as an enemy and they both have come close only to conspire against India. India is not isolationist by enemy means matter of fact that is quite far from the truth, today we are buying weapons from USA,Israel,Russia,France and England and that only shows we are open but we dont want to jump into any groupism, we like to spread our eggs in more baskets just to be safe. Today if we do align strongly with the US then we can not represent ourselves without the baggage of being an major US ally which will not be helpful in our neighborhood with China and many anti-US nations like Iran etc., takeing serious note of it.
Moreover its extremely hard to trust the US, can you imagine if a country has supported and armed your enemy for 60years against you and still supports it then how on Earth can anyone trust such a two timing,two faced entity? For trust to grow US need not take sides but atleast let go of Pakistan.
You say China has taken it hook,line and sinker! Come on your not that naive to believe that? May be the US has take Chinas bait with nearly complete reliance on Chinese economy and China owns more than 10% of US debt and a lot of trade deficit that some economists are compled to rename both as Chimerica. Which is actually quite right and seeing US reliance on China its hard for us to believe that we would matter more than their major trading partner and debt owner. In may dimensions India can not trust the US and not to mention US attaches strings to everything it sells including food and beverages!