The triumph of the ruling Bharatiya Janata Party (BJP) in India's national elections, which gives Narendra Modi another 5 years as prime minister, should be a largely positive outcome for U.S. foreign policy.

The big picture: Washington has come to regard India, with Modi at the helm, as a key partner in Asia, particularly since the Trump administration rolled out its Indo-Pacific strategy. U.S. and Indian security interests strongly align over countering the threat of terrorism in South Asia and China’s deepening footprint across Asia.

Between the lines: The bilateral relationship enjoys a multiparty consensus in both countries, so the election was unlikely to disrupt ties. But Modi’s return ensures continuity in the fast-growing U.S.–India security partnership, which has advanced several foundational defense agreements.

These accords enable the U.S. and Indian militaries to enhance cooperation on communication technology and to use each other’s military facilities, particularly for refueling purposes — better positioning them to jointly address the China threat.

Yes, but: Modi’s victory gives the BJP a resounding mandate to continue espousing its brand of Hindu nationalism. The divisive ideology breeds discrimination and intolerance, heightening the risk of communal violence and other instability.

For U.S. officials and investors, the specter of America’s most important bilateral partner in South Asia becoming a less stable place is nothing to sneeze at.

The bottom line: Modi’s win should bring ample benefits to U.S. policy, but these benefits shouldn’t be overstated.

Michael Kugelman is deputy director and senior associate for South Asia at the Wilson Center.