Sitharaman Paints a Vision of a Greener, Stronger India at Hoover Forum

Addressing the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the growing significance of strengthening economic relations between India and China. She shared a strategic vision aimed at expanding trade, encouraging cross-border investment, and building a resilient, future-focused partnership rooted in mutual trust and shared progress.

Deepening Strategic Economic Cooperation

Sitharaman emphasized the influential role both countries hold in shaping the global economic landscape. She called for stronger regulatory alignment, innovation-led partnerships, and more robust institutional mechanisms to support a flexible, inclusive, and sustainable trading framework.

She highlighted renewable energy, digital finance, information technology, and advanced manufacturing as critical growth sectors capable of driving long-term development and prosperity for both nations.

Expanding Public-Private Engagement

• Strengthening Investor Confidence Through Clear Rules

  The Minister underlined that transparent and predictable regulations are key to building investor trust and facilitating smoother trade and investment flows between the two economies.

• Unlocking New Investment Opportunities

  She invited Chinese investors to explore India’s dynamic market, pointing to reforms designed to enhance transparency, improve competitiveness, and safeguard investor interests.

• Infrastructure and Technology as Cornerstones of Growth

  Sitharaman reaffirmed India’s focus on modernizing infrastructure and advancing technology as essential drivers of deeper economic cooperation.

• Empowering SMEs to Foster Inclusive Development

  She stressed the vital role of small and medium-sized enterprises in promoting inclusive growth, advocating greater access to financing and integration into global value chains.

• Forging a Sustainable, Long-Term Partnership

  The Minister concluded by calling for a lasting alliance built on shared values, innovation, and sustainability to collectively respond to global economic challenges.

Renewing the Commitment to Shared Prosperity

Sitharaman’s address reaffirmed India’s determination to strengthen its economic engagement with China. Through coordinated policies, innovation-focused strategies, and ongoing dialogue, both nations can play a pivotal role in shaping a more balanced, resilient, and interconnected global economy.