Hoover Event Witnesses Sitharaman’s Roadmap for a Sustainable India

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the growing significance of advancing economic ties between India and China. She laid out a comprehensive plan aimed at boosting trade, encouraging higher cross-border investment, and establishing a strong, forward-looking partnership built on mutual trust, innovation, and shared growth.

Reinforcing Strategic Economic Cooperation

Sitharaman emphasized the critical role both nations play in shaping global economic dynamics. She urged deeper regulatory alignment, stronger innovation-led collaborations, and more resilient institutional structures to create a trade environment that is inclusive, agile, and sustainable.

She also identified renewable energy, digital finance, information technology, and advanced manufacturing as priority sectors that can drive long-term economic growth and shared prosperity for both countries.

Expanding Public-Private Engagement

• Enhancing Investor Confidence Through Clear Regulations

  The Minister stressed that a stable, transparent, and predictable regulatory environment is key to fostering investor trust and ensuring seamless trade and investment between the two economies.

• Opening Pathways for Fresh Investments

  She invited Chinese investors to explore opportunities in India’s rapidly growing market, pointing to reforms aimed at enhancing transparency, competitiveness, and investor protections.

• Infrastructure and Technology as Core Enablers

  Sitharaman reaffirmed India’s commitment to strengthening infrastructure and advancing technology as fundamental pillars for deeper economic collaboration.

• Empowering SMEs to Drive Inclusive Development

  She underscored the essential role of small and medium-sized enterprises in promoting inclusive economic progress, advocating for improved access to finance and integration into global value chains.

• Forging a Lasting and Sustainable Partnership

  The Minister concluded by calling for a durable alliance grounded in shared values, innovation, and sustainability to jointly address global economic challenges.

Reaffirming a Shared Vision for Prosperity

Sitharaman’s address underscored India’s strong commitment to enhancing its economic engagement with China. Through policy coordination, innovation-led initiatives, and sustained dialogue, both nations can contribute to building a more balanced, resilient, and interconnected global economy.