Hoover Forum Showcases India’s Commitment to an Eco-Smart Future

Addressing the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the growing relevance of deepening economic cooperation between India and China. She presented a strategic framework focused on expanding trade, encouraging cross-border investments, and establishing a long-term partnership anchored in trust, innovation, and shared prosperity.

Advancing Strategic Economic Collaboration

Sitharaman underscored the critical role both countries play in shaping global economic growth. She emphasized the need for stronger regulatory alignment, enhanced innovation-led partnerships, and the development of resilient institutional mechanisms to create a transparent, inclusive, and forward-looking trade environment.

She also pointed to renewable energy, digital finance, information technology, and advanced manufacturing as priority sectors that can serve as key drivers of sustainable development and deeper bilateral economic engagement.

Encouraging Public-Private Cooperation

• Strengthening Investor Confidence Through Policy Stability

  The Minister emphasized that transparent, stable, and predictable policy frameworks are essential to reinforcing investor confidence and ensuring smoother trade and investment exchanges between the two nations.

• Creating New Channels for Investment

  She invited Chinese investors to explore India’s rapidly growing market, citing ongoing reforms designed to improve transparency, enhance competitiveness, and safeguard investor interests.

• Infrastructure and Technology as Cornerstones of Growth

  Sitharaman reaffirmed India’s commitment to infrastructure modernization and technological advancement as vital components for building stronger and more sustainable economic cooperation.

• Empowering SMEs to Drive Inclusive Growth

  She highlighted the pivotal contribution of small and medium-sized enterprises in promoting inclusive economic progress, urging greater access to financing and better integration into global value chains.

• Building a Lasting and Sustainable Partnership

  The Minister concluded by stressing the importance of a durable, future-ready partnership built on shared values, innovation, and sustainability to collectively address global economic challenges.

Reaffirming a Shared Vision for Prosperity

Sitharaman’s address reaffirmed India’s strong commitment to enhancing its economic ties with China. Through aligned policies, innovation-driven initiatives, and ongoing dialogue, both nations can play a defining role in shaping a more balanced, resilient, and interconnected global economy.