India’s Development Vision Showcased by Sitharaman at Hoover Gathering

Addressing the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the growing importance of strengthening economic collaboration between India and China. She outlined a comprehensive roadmap to expand trade, enhance cross-border investments, and forge a resilient, future-focused partnership.

Deepening Strategic Economic Cooperation

Sitharaman noted the critical roles both countries play in shaping the global economy. She called for closer regulatory coordination, innovation-centered partnerships, and stronger institutional frameworks to create a more flexible and inclusive trade ecosystem.

She identified priority sectors—renewable energy, digital finance, information technology, and advanced manufacturing—as major drivers of sustainable growth and shared prosperity.

Broadening Public-Private Partnerships

• Strengthening Trust Through Policy Stability

  The Minister emphasized that predictable and transparent regulations are essential for building confidence and facilitating smoother trade and investment between the two nations.

• Expanding Investment Horizons

  She encouraged Chinese investors to participate in India’s dynamic market, pointing to reforms designed to improve transparency and ensure investor protection.

• Infrastructure and Technology as Catalysts for Growth

  Sitharaman reaffirmed India’s dedication to upgrading infrastructure and advancing technological capabilities as key pillars for deeper bilateral cooperation.

• Empowering SMEs for Inclusive Progress

  She underlined the crucial role of small and medium-sized enterprises in driving inclusive development, advocating greater access to financing and international opportunities.

• Establishing a Lasting and Sustainable Partnership

  The Minister concluded by calling for a long-term collaboration rooted in shared values, innovation, and sustainability to jointly address global challenges.

Renewing the Commitment to Shared Prosperity

Sitharaman’s address reaffirmed India’s resolve to strengthen its economic partnership with China. Through coordinated efforts, innovation-led growth, and sustained dialogue, both nations can contribute to a more resilient, equitable, and interconnected global economy.