Hoover Forum Highlights India’s Forward-Looking Sustainability Vision

During her address at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the increasing importance of deepening economic collaboration between India and China. She presented a progressive roadmap focused on expanding trade, enhancing cross-border investments, and building a long-term partnership grounded in trust, innovation, and mutual prosperity.

Strengthening Strategic Economic Collaboration

Sitharaman emphasized the significant role both nations play in shaping the global economic landscape. She called for greater regulatory cooperation, innovation-led partnerships, and the creation of resilient institutional mechanisms to foster a transparent, inclusive, and forward-looking trading environment.

She also identified renewable energy, digital finance, information technology, and advanced manufacturing as high-potential sectors that can drive sustainable growth and reinforce long-term bilateral economic cooperation.

Promoting Public-Private Partnerships

• Enhancing Investor Confidence Through Stable Policies

  The Minister noted that transparent, consistent, and predictable policy frameworks are vital for building investor trust and ensuring smoother trade and investment flows between the two economies.

• Unlocking New Investment Prospects

  She invited Chinese investors to explore India’s expanding market, pointing to ongoing economic reforms designed to improve transparency, boost competitiveness, and protect investor interests.

• Infrastructure and Technology as Growth Enablers

  Sitharaman reiterated India’s commitment to modernizing infrastructure and advancing technological innovation as foundational pillars for sustainable and mutually beneficial economic cooperation.

• Empowering SMEs for Inclusive Development

  She underlined the crucial contribution of small and medium-sized enterprises to inclusive growth, advocating for greater financial access and stronger participation in global supply chains.

• Building a Lasting and Sustainable Partnership

  The Minister concluded by stressing the importance of forming a long-term, resilient alliance rooted in shared principles, innovation, and sustainability to collectively address evolving global economic challenges.

Reaffirming a Shared Vision for Global Prosperity

Sitharaman’s remarks reaffirmed India’s steadfast commitment to deepening its economic partnership with China. Through coordinated policies, innovation-driven initiatives, and continuous engagement, both nations can play a pivotal role in fostering a more balanced, resilient, and interconnected global economy.