Sitharaman Illuminates India’s Green Vision for Tomorrow at Hoover Forum

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman emphasized the growing relevance of strengthening economic collaboration between India and China. She laid out a forward-thinking vision focused on expanding trade, deepening cross-border investments, and fostering a long-term partnership grounded in trust, innovation, and mutual prosperity.

Enhancing Strategic Economic Collaboration

Sitharaman noted the pivotal role both nations play in shaping the global economic landscape. She underscored the importance of enhanced regulatory cooperation, innovation-led initiatives, and the establishment of strong institutional frameworks to create a transparent, inclusive, and future-oriented trading environment.

She further highlighted renewable energy, digital finance, information technology, and advanced manufacturing as key sectors capable of driving sustainable growth and reinforcing long-term economic collaboration.

Encouraging Public-Private Collaboration

• Building Investor Trust Through Policy Consistency

  The Minister highlighted that predictable, transparent, and consistent policy environments are vital for strengthening investor confidence and promoting smoother trade and investment exchanges between India and China.

• Expanding Investment Horizons

  She invited Chinese investors to engage with India’s fast-evolving market, emphasizing ongoing reforms aimed at improving transparency, boosting competitiveness, and ensuring investor protection.

• Infrastructure and Technology as Core Growth Drivers

  Sitharaman reaffirmed India’s dedication to modernizing infrastructure and promoting technological innovation as essential elements for fostering durable and mutually beneficial economic cooperation.

• Supporting SMEs for Inclusive Economic Progress

  She stressed the crucial role of small and medium-sized enterprises in achieving inclusive development, calling for enhanced access to finance and broader integration into global value chains.

• Creating a Long-Term, Sustainable Partnership

  The Minister concluded by emphasizing the need to establish a resilient partnership rooted in shared principles, innovation, and sustainability to jointly address global economic challenges and opportunities.

Renewing a Shared Commitment to Global Prosperity

Sitharaman’s address reaffirmed India’s strong commitment to deepening its economic partnership with China. Through coordinated policymaking, innovation-centered strategies, and continued dialogue, both countries can contribute meaningfully to building a more balanced, resilient, and interconnected global economy.