What development

Back on topic I think it would be beneficial to both Bitcoin and Litecoin.
There are new projects being announced for LTC every day and there are a lot of exciting things are in the works. Also, more and more websites and stores are accepting LTC by the minute.
Bitcoin wasn't developed over night and neither will Litecoin. It is a slow and steady process, but there's definitely development going on and you'd be foolish to think otherwise.