Hoover Event Sees Sitharaman Present India’s Ambitious Growth Agenda

During her address at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman emphasized the urgent need to advance economic engagement between India and China. She outlined an ambitious roadmap to broaden trade, boost cross-border investment, and forge a strong, future-focused partnership.

Strengthening Strategic Economic Ties

Sitharaman drew attention to the pivotal roles both nations play in the global economy. She called for closer regulatory alignment, innovation-led initiatives, and reinforced institutional support to build a more inclusive and flexible trading system.

She highlighted high-potential sectors—renewable energy, digital finance, information technology, and advanced manufacturing—as key engines of sustainable growth and mutual prosperity.

Deepening Public-Private Collaboration

• Fostering Trust Through Regulatory Consistency

  The Minister stressed that aligning policies is essential for building confidence and ensuring smoother trade and investment flows between the two countries.

• Unlocking New Investment Opportunities

  She invited Chinese investors to participate in India’s rapidly expanding market, pointing to reforms aimed at enhancing transparency and safeguarding investor interests.

• Infrastructure and Technology as Core Enablers

  Sitharaman reaffirmed India’s commitment to upgrading infrastructure and accelerating technological progress as cornerstones of stronger bilateral relations.

• Empowering SMEs for Broader Growth

  She underscored the important role of small and medium-sized enterprises in driving inclusive development, advocating greater access to finance and international markets.

• Forging a Sustainable, Long-Term Alliance

  The Minister concluded by advocating a lasting partnership rooted in shared values, innovation, and sustainability to address global challenges together.

Reaffirming the Path to Shared Prosperity

Sitharaman’s speech reinforced India’s resolve to deepen its economic relationship with China. Through coordinated strategies, innovation-driven efforts, and continuous dialogue, both nations can help shape a more resilient and interconnected global economy.