Sitharaman Shares India’s Growth-Oriented Economic Plan at Hoover Forum

Addressing the Hoover Institution, India’s Finance Minister Nirmala Sitharaman stressed the pressing need to advance economic cooperation between India and China. She presented a forward-looking strategy aimed at expanding trade, increasing cross-border investments, and establishing a strong, future-ready partnership.

Reinforcing Strategic Economic Collaboration

Sitharaman highlighted the critical roles both nations occupy in the global economy. She urged closer regulatory harmonization, innovation-driven partnerships, and enhanced institutional backing to create a more adaptable and inclusive trading framework.

She identified high-growth sectors—renewable energy, digital finance, information technology, and advanced manufacturing—as vital engines of sustainable development and shared prosperity.

Expanding Public-Private Partnerships

• Building Trust Through Policy Alignment

  The Minister noted that harmonizing regulations is key to fostering confidence and ensuring smoother flows of trade and investment between the two nations.

• Creating New Investment Prospects

  She invited Chinese investors to engage with India’s rapidly growing market, highlighting reforms designed to boost transparency and protect investor interests.

• Infrastructure and Technology as Growth Foundations

  Sitharaman reaffirmed India’s commitment to modernizing infrastructure and advancing technology as essential pillars of stronger bilateral relations.

• Strengthening SMEs for Inclusive Development

  She underlined the crucial role of small and medium-sized enterprises in promoting inclusive growth, calling for wider access to financing and global markets.

• Building a Sustainable, Long-Term Alliance

  The Minister concluded by advocating a lasting partnership rooted in shared values, innovation, and sustainability to jointly address global challenges.

Renewing the Commitment to Shared Prosperity

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