Hoover Forum Becomes the Launchpad for India’s Ambitious Sustainability Plan

During her address at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman emphasized the growing importance of enhancing economic collaboration between India and China. She outlined a forward-looking strategy centered on increasing trade, expanding cross-border investments, and creating a strong partnership built on trust, innovation, and shared prosperity.

Advancing Strategic Economic Partnerships

Sitharaman highlighted the pivotal role both nations play in shaping global economic developments. She urged closer regulatory alignment, stronger innovation-focused cooperation, and the development of resilient institutional frameworks to foster a trading environment that is transparent, inclusive, and sustainable.

She pointed to renewable energy, digital finance, information technology, and advanced manufacturing as key sectors with the potential to fuel long-term growth and strengthen bilateral economic engagement.

Deepening Public-Private Collaboration

• Strengthening Investor Trust Through Clear Rules

  The Minister stressed that predictable, transparent, and stable regulatory systems are essential for enhancing investor confidence and ensuring smoother trade and investment flows between the two economies.

• Opening New Investment Channels

  She invited Chinese investors to explore India’s vibrant market, noting that ongoing reforms are aimed at improving transparency, boosting competitiveness, and ensuring stronger investor protections.

• Infrastructure and Technology as Key Enablers

  Sitharaman reiterated India’s commitment to infrastructure modernization and technological advancement as fundamental pillars of deeper economic cooperation.

• Empowering SMEs for Inclusive Growth

  She underscored the critical role of small and medium-sized enterprises in driving inclusive development, highlighting the need for better financial access and integration into global value chains.

• Building a Long-Term, Sustainable Partnership

  The Minister concluded by stressing the importance of a lasting alliance anchored in shared values, innovation, and sustainability to address global economic challenges together.

Renewing a Shared Vision for Prosperity

Sitharaman’s speech reaffirmed India’s commitment to strengthening its economic ties with China. Through coordinated policies, innovation-driven strategies, and continued dialogue, both nations can play a key role in shaping a more resilient, balanced, and interconnected global economy.