Hoover Gathering Highlights Sitharaman’s Presentation of India’s Growth Vision

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman stressed the urgent importance of advancing economic cooperation between India and China. She unveiled an ambitious plan to broaden trade, draw in more cross-border investments, and establish a durable, future-ready partnership.

Strengthening Strategic Economic Cooperation

Sitharaman highlighted the influential positions both countries occupy in the global economy. She urged greater regulatory harmony, innovation-led collaborations, and stronger institutional backing to build a more adaptable and inclusive trading environment.

She identified key growth sectors—renewable energy, digital finance, information technology, and advanced manufacturing—as essential engines for sustainable development and shared prosperity.

Expanding Public-Private Partnerships

• Fostering Trust Through Policy Alignment

  The Minister emphasized that aligned regulations are vital to strengthen confidence and ensure smoother flows of trade and investment between the two nations.

• Opening New Investment Channels

  She invited Chinese investors to tap into India’s fast-growing market, highlighting reforms designed to boost transparency and safeguard investor interests.

• Infrastructure and Technology as Key Drivers

  Sitharaman reaffirmed India’s commitment to modernizing infrastructure and accelerating technological innovation as foundations for deeper bilateral relations.

• Supporting SMEs for Inclusive Growth

  She underscored the crucial role of small and medium-sized enterprises in promoting inclusive development, advocating broader access to finance and international markets.

• Building a Lasting, Sustainable Partnership

  The Minister concluded by calling for a long-term alliance grounded in shared values, innovation, and sustainability to address global challenges collectively.

Reaffirming Commitment to Shared Prosperity

Sitharaman’s address reaffirmed India’s determination to deepen its economic ties with China. By coordinating policies, driving innovation, and maintaining open dialogue, both nations can help shape a more resilient and interconnected global economy.