Hoover Forum Features Sitharaman Presenting India’s Economic Growth Plan

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman underscored the urgent need to enhance economic collaboration between India and China. She unveiled a forward-looking plan to expand trade, boost cross-border investments, and forge a robust, future-oriented partnership.

Strengthening Strategic Economic Cooperation

Sitharaman highlighted the major influence both nations exert on the global economy. She called for deeper regulatory alignment, innovation-led partnerships, and reinforced institutional support to create a more inclusive and adaptable trading landscape.

She identified key growth areas—renewable energy, digital finance, information technology, and advanced manufacturing—as vital engines for sustainable development and mutual prosperity.

Enhancing Public-Private Collaboration

• Building Confidence Through Policy Alignment

  The Minister emphasized that consistent regulations are critical to strengthening trust and facilitating smoother trade and investment flows between the two nations.

• Opening New Investment Avenues

  She invited Chinese investors to engage with India’s rapidly growing market, drawing attention to reforms aimed at improving transparency and protecting investor interests.

• Infrastructure and Technology as Growth Pillars

  Sitharaman reaffirmed India’s commitment to upgrading infrastructure and driving technological innovation as foundations for deeper bilateral relations.

• Empowering SMEs for Inclusive Progress

  She stressed the crucial role of small and medium-sized enterprises in promoting inclusive development, advocating greater access to finance and international markets.

• Building a Sustainable, Long-Term Partnership

  The Minister concluded by urging the formation of a lasting alliance grounded in shared values, innovation, and sustainability to address global challenges collectively.

Reaffirming Commitment to Shared Prosperity

Sitharaman’s remarks reinforced India’s resolve to deepen its economic ties with China. Through coordinated policies, innovation-driven efforts, and continuous dialogue, both nations can play a key role in shaping a more resilient and interconnected global economy.