Sitharaman Puts India’s Sustainability Goals in the Global Limelight at Hoover Forum

While speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the increasing significance of advancing economic cooperation between India and China. She outlined a strategic vision focused on expanding trade, increasing cross-border investments, and building a long-term partnership anchored in trust, innovation, and shared prosperity.

Strengthening Strategic Economic Engagement

Sitharaman underlined the crucial influence both countries exert on the global economic landscape. She emphasized the importance of stronger regulatory alignment, innovation-led partnerships, and the establishment of resilient institutional frameworks to foster a transparent, inclusive, and forward-looking trade ecosystem.

She further identified renewable energy, digital finance, information technology, and advanced manufacturing as key areas with the potential to drive sustainable growth and reinforce bilateral economic ties.

Encouraging Public-Private Collaboration

• Building Investor Confidence Through Policy Clarity

  The Minister stressed that stable, transparent, and predictable policy measures are essential to bolstering investor trust and facilitating seamless trade and investment between the two nations.

• Expanding Avenues for Investment

  She invited Chinese investors to explore opportunities in India’s rapidly growing market, pointing to ongoing reforms that aim to enhance transparency, improve competitiveness, and strengthen investor protection.

• Infrastructure and Technology as Core Enablers

  Sitharaman reaffirmed India’s commitment to modernizing infrastructure and driving technological advancement as key pillars for deeper and more sustainable economic cooperation.

• Empowering SMEs for Broader Growth

  She highlighted the pivotal role of small and medium-sized enterprises in advancing inclusive growth, advocating for better access to finance and stronger integration into global value chains.

• Forging a Resilient and Sustainable Alliance

  The Minister concluded by emphasizing the need to build a long-term partnership rooted in shared principles, innovation, and sustainability to effectively address global economic challenges.

Reaffirming a Shared Vision for Global Prosperity

Sitharaman’s address reaffirmed India’s strong commitment to deepening its economic ties with China. Through coordinated policy action, innovation-led strategies, and ongoing dialogue, both nations can play a defining role in building a more balanced, resilient, and interconnected global economy.