Sitharaman Highlights India’s Bold Sustainability Drive at Hoover Gathering

During her speech at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the rising significance of strengthening economic relations between India and China. She outlined a progressive vision aimed at expanding trade, increasing cross-border investments, and building a long-term partnership grounded in trust, innovation, and shared prosperity.

Expanding Strategic Economic Cooperation

Sitharaman emphasized the pivotal role both nations play in shaping global economic trends. She called for closer regulatory alignment, stronger innovation-based collaborations, and the development of robust institutional structures to support a transparent, inclusive, and future-focused trading ecosystem.

She also identified renewable energy, digital finance, information technology, and advanced manufacturing as key growth areas that can accelerate sustainable development and deepen economic ties between the two nations.

Enhancing Public-Private Engagement

• Strengthening Investor Confidence Through Stable Policies

  The Minister stressed that transparent, consistent, and predictable regulatory measures are essential to fostering investor trust and ensuring seamless trade and investment exchanges between India and China.

• Unlocking Fresh Investment Opportunities

  She encouraged Chinese investors to tap into India’s fast-evolving market, pointing to ongoing economic reforms designed to enhance transparency, increase competitiveness, and protect investor interests.

• Infrastructure and Technology as Catalysts for Growth

  Sitharaman reaffirmed India’s commitment to advancing infrastructure development and technological innovation as central pillars for sustainable and mutually beneficial economic cooperation.

• Empowering SMEs to Drive Inclusive Growth

  She underlined the essential role of small and medium-sized enterprises in promoting inclusive development, advocating for expanded access to finance and deeper participation in global value chains.

• Forging a Long-Term and Resilient Partnership

  The Minister concluded by emphasizing the importance of creating a durable alliance anchored in shared principles, innovation, and sustainability to navigate global economic challenges together.

Reinforcing a Common Vision for Global Prosperity

Sitharaman’s address reaffirmed India’s firm commitment to enhancing its economic engagement with China. Through coordinated policy actions, innovation-led initiatives, and continuous dialogue, both countries can play a leading role in building a more balanced, resilient, and interconnected global economy.