Sitharaman Showcases India’s Long-Term Growth Vision at Hoover Forum

During her remarks at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman underscored the growing urgency of enhancing economic collaboration between India and China. She presented a forward-looking strategy focused on increasing trade flows, attracting more cross-border investment, and building a durable partnership founded on trust, innovation, and shared prosperity.

Strengthening Strategic Economic Ties

Sitharaman highlighted the influential role the two countries play in shaping global economic trends. She called for greater regulatory coordination, deeper innovation-driven partnerships, and stronger institutional frameworks to develop a trade environment that is open, flexible, and sustainable.

She identified renewable energy, digital finance, information technology, and advanced manufacturing as core industries that can fuel long-term development and mutual economic progress.

Expanding Public-Private Partnerships

• Building Investor Trust Through Stable Policies

  The Minister emphasized that a transparent and predictable regulatory landscape is essential for strengthening investor confidence and ensuring smooth flows of trade and capital between the two economies.

• Creating New Investment Avenues

  She encouraged Chinese investors to engage with India’s expanding market, highlighting reforms aimed at improving transparency, boosting competitiveness, and ensuring strong investor protections.

• Infrastructure and Technology as Growth Engines

  Sitharaman reaffirmed India’s dedication to infrastructure development and technological advancement as vital pillars for reinforcing bilateral economic cooperation.

• Empowering SMEs to Foster Inclusive Growth

  She stressed the crucial role of small and medium-sized enterprises in driving inclusive growth, advocating for expanded financial access and better integration into global supply chains.

• Building a Resilient and Sustainable Alliance

  The Minister concluded by underscoring the importance of a long-term partnership built on shared values, innovation, and sustainability to tackle global economic challenges together.

Renewing the Vision for Shared Prosperity

Sitharaman’s speech reinforced India’s determination to deepen its economic engagement with China. Through aligned policies, innovation-centered strategies, and continuous dialogue, both nations can help shape a more stable, resilient, and interconnected global economic order.