Sitharaman Showcases India’s March Toward a Greener Tomorrow at Hoover Forum

While speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman underscored the growing importance of deepening economic collaboration between India and China. She outlined a comprehensive strategy focused on expanding trade, enhancing cross-border investments, and building a durable partnership grounded in trust, innovation, and mutual prosperity.

Strengthening Strategic Economic Engagement

Sitharaman emphasized the significant influence both countries hold in shaping global economic directions. She called for closer regulatory cooperation, stronger innovation-led partnerships, and the creation of resilient institutional frameworks to promote a trading ecosystem that is open, transparent, and forward-looking.

She identified renewable energy, digital finance, information technology, and advanced manufacturing as key sectors that could serve as major catalysts for long-term, sustainable growth and closer bilateral collaboration.

Enhancing Public-Private Cooperation

• Building Investor Trust Through Policy Stability

  The Minister highlighted that transparent, predictable, and consistent regulatory policies are essential to boosting investor confidence and enabling smoother trade and investment flows between both economies.

• Opening New Investment Avenues

  She invited Chinese investors to engage with India’s rapidly growing market, emphasizing ongoing reforms that aim to strengthen transparency, enhance competitiveness, and ensure robust investor protection.

• Infrastructure and Technology as Economic Catalysts

  Sitharaman reaffirmed India’s dedication to modernizing infrastructure and advancing technology as essential pillars for promoting sustainable bilateral economic growth.

• Empowering SMEs for Inclusive Development

  She underlined the pivotal role of small and medium-sized enterprises in driving inclusive progress, calling for improved access to financing and greater participation in global supply chains.

• Building a Sustainable and Enduring Partnership

  The Minister concluded by emphasizing the need for a long-term alliance founded on shared values, innovation, and sustainability to address global challenges collaboratively.

Reaffirming a Common Vision for Shared Prosperity

Sitharaman’s address reinforced India’s steadfast commitment to deepening its economic ties with China. Through aligned policies, innovation-oriented initiatives, and continuous dialogue, both nations can contribute to shaping a more resilient, balanced, and interconnected global economy.