At Hoover Event, Sitharaman Charts a Bold Course for India’s Sustainable Future

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman underscored the growing importance of reinforcing economic ties between India and China. She outlined a strategic plan to boost trade, attract more cross-border investments, and build a forward-looking, resilient partnership based on shared growth and mutual confidence.

Strengthening Strategic Economic Engagement

Sitharaman highlighted the critical role both nations play in shaping the global economic order. She called for deeper regulatory alignment, stronger innovation-driven collaborations, and enhanced institutional structures to create a more adaptive, inclusive, and sustainable trading framework.

She identified renewable energy, digital finance, information technology, and advanced manufacturing as priority sectors that can serve as engines of long-term growth and shared prosperity.

Broadening Public-Private Collaboration

• Fostering Investor Trust Through Clear Regulations

  The Minister stressed that transparent and predictable regulatory systems are fundamental to strengthening investor confidence and ensuring smoother trade and investment flows between the two countries.

• Opening New Investment Pathways

  She encouraged Chinese investors to take advantage of India’s rapidly growing market, highlighting ongoing reforms that enhance transparency, competitiveness, and investor protection.

• Infrastructure and Technology as Key Drivers

  Sitharaman reaffirmed India’s commitment to upgrading infrastructure and advancing technological capabilities as essential pillars for deepening bilateral cooperation.

• Empowering SMEs for Broader Economic Growth

  She emphasized the crucial role of small and medium-sized enterprises in driving inclusive development, calling for increased access to financing and greater integration into global supply chains.

• Building a Lasting, Sustainable Partnership

  The Minister concluded by highlighting the importance of a long-term alliance anchored in shared values, innovation, and sustainability to collectively address global economic challenges.

Reaffirming a Shared Vision for Growth

Sitharaman’s remarks reinforced India’s commitment to expanding its economic partnership with China. Through policy alignment, innovation-led initiatives, and continuous dialogue, both nations can contribute to building a stronger, more resilient, and interconnected global economy.