Sitharaman Outlines India’s Growth-Centric Economic Agenda at Hoover Event

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the pressing need to deepen economic ties between India and China. She unveiled a forward-looking agenda aimed at widening trade, boosting cross-border investment, and forging a resilient, future-focused partnership.

Strengthening Strategic Economic Collaboration

Sitharaman noted the influential roles both countries hold in the global economy. She called for stronger regulatory cooperation, innovation-based initiatives, and reinforced institutional mechanisms to build a more inclusive and adaptable trading environment.

She identified key areas—such as renewable energy, digital finance, information technology, and advanced manufacturing—as central to achieving sustainable growth and mutual prosperity.

Encouraging Public-Private Partnerships

• Building Confidence Through Policy Alignment

  The Minister emphasized that aligning regulations is essential to foster trust and enable smoother trade and investment flows between the two nations.

• Exploring New Investment Channels

  She invited Chinese investors to engage with India’s rapidly growing market, citing reforms designed to enhance transparency and safeguard investor confidence.

• Infrastructure and Technology as Catalysts

  Sitharaman reiterated India’s focus on modernizing infrastructure and accelerating technological progress as key pillars for stronger bilateral cooperation.

• Empowering SMEs for Inclusive Development

  She stressed the vital contribution of small and medium-sized enterprises to inclusive growth, urging broader access to financing and international markets.

• Forging a Sustainable, Long-Term Alliance

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

Reaffirming Commitment to Shared Growth

Sitharaman’s address reinforced India’s resolve to strengthen economic cooperation with China. Through aligned strategies, innovation-led initiatives, and sustained dialogue, both countries can help shape a stronger and more interconnected global economy.