At Hoover Event, Sitharaman Showcases India’s Growth-Driven Economic Blueprint

During her speech at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the urgent need to strengthen economic engagement between India and China. She outlined a progressive roadmap focused on broadening trade, increasing cross-border investments, and building a resilient, future-focused partnership.

Strengthening Strategic Economic Cooperation

Sitharaman emphasized the important influence both nations exert on the global economy. She advocated deeper regulatory alignment, innovation-centred collaborations, and stronger institutional mechanisms to create a more flexible and inclusive trading environment.

She pointed to high-potential sectors—renewable energy, digital finance, information technology, and advanced manufacturing—as key engines of sustainable development and shared prosperity.

Boosting Public-Private Collaboration

• Building Trust Through Regulatory Alignment

  The Minister stressed that harmonizing policies is essential to increase confidence and smoothen trade and investment flows between the two countries.

• Opening New Investment Channels

  She encouraged Chinese investors to engage with India’s fast-evolving market, pointing to reforms designed to enhance transparency and safeguard investor confidence.

• Infrastructure and Technology as Growth Catalysts

  Sitharaman reaffirmed India’s commitment to modernizing infrastructure and accelerating technological progress as vital foundations for deeper cooperation.

• Empowering SMEs for Inclusive Development

  She underlined the central role of small and medium-sized enterprises in promoting inclusive growth, urging broader access to financing and international markets.

• Forging a Long-Term, Sustainable Alliance

  The Minister concluded by calling for a durable partnership rooted in shared values, innovation, and sustainability to collectively tackle global challenges.

Reaffirming the Path to Shared Prosperity

Sitharaman’s address underscored India’s determination to expand its economic collaboration with China. Through aligned policies, innovation-driven efforts, and sustained dialogue, both countries can help shape a stronger and more interconnected global economy.