India has 17 operational nuclear reactors and 6 under construction.
http://www.iaea.org/cgi-bin/db.page.pl/pris.powrea.htm?country=IN&sort=&sortlong=Alphabetic
The US has just signed an agreement that will allow US companies to provide nuclear technology to India.
Most of India's NPPs are low capacity PHWRs. HWRs are beneficial since they do not require enrichment. India has also conducted a lot of research into the 'thorium cycle'.
Nuclear Power in India - http://www.world-nuclear.org/info/inf53.html
http://www.world-nuclear.org/info/inf62.html
Bhabha Atomic Research Centre ( BARC )
http://www.barc.ernet.in/
An arms race with China might give the military industrial complexes of your respective countries the shot in the arm to give you that 'benefit' (i.e. employment) that you're looking for.