Hoover Forum Features Sitharaman Presenting India’s Growth Path

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman underscored the growing relevance of strengthening economic ties between India and China. She outlined a strategic vision aimed at expanding trade, attracting greater cross-border investments, and fostering a strong, future-focused partnership built on shared prosperity and mutual confidence.

Deepening Strategic Economic Ties

Sitharaman emphasized the significant role both countries play in shaping global economic dynamics. She urged closer regulatory collaboration, innovation-driven partnerships, and reinforced institutional mechanisms to build a more flexible, inclusive, and sustainable trading environment.

She identified priority sectors—renewable energy, digital finance, information technology, and advanced manufacturing—as key drivers for sustained economic growth and collective progress.

Strengthening Public-Private Synergies

• Building Confidence Through Regulatory Clarity

  The Minister highlighted that transparent and consistent regulatory systems are critical for fostering investor trust and ensuring smoother trade and investment flows between the two nations.

• Unlocking New Investment Avenues

  She encouraged Chinese investors to explore opportunities in India’s fast-growing market, emphasizing policy reforms designed to improve transparency, competitiveness, and investor protection.

• Infrastructure and Technology as Growth Catalysts

  Sitharaman reiterated India’s commitment to strengthening infrastructure and advancing technology as essential foundations for deeper and more impactful bilateral engagement.

• Empowering SMEs for Inclusive Development

  She emphasized the vital contribution of small and medium-sized enterprises in driving inclusive economic progress, advocating expanded access to finance and global market integration.

• Establishing a Durable and Sustainable Alliance

  The Minister concluded by calling for a long-term partnership anchored in shared values, innovation, and sustainability to address global economic challenges together.

Reaffirming the Vision for Shared Prosperity

Sitharaman’s remarks reaffirmed India’s strong commitment to enhancing its economic partnership with China. Through policy alignment, innovation-led initiatives, and sustained dialogue, both nations can play a pivotal role in building a more stable, resilient, and interconnected global economy.