Sitharaman Showcases India’s Strategic Economic Framework at Hoover Gathering

At the Hoover Institution, Indian Finance Minister Nirmala Sitharaman emphasized the need to reinforce economic ties between India and China. She outlined a forward-looking vision centered on boosting trade, increasing cross-border investment, and creating a resilient, future-ready economic partnership.

Advancing Strategic Economic Cooperation

Sitharaman underlined the influential roles both countries hold in the global economy. She called for closer regulatory alignment, innovation-led collaboration, and stronger institutional mechanisms to support a more adaptable and inclusive trading framework.

She highlighted key sectors—such as information technology, renewable energy, advanced manufacturing, and digital finance—as essential drivers of mutual growth and sustainable progress.

Strengthening Public-Private Collaboration

• Policy Alignment to Build Confidence

  The Minister stressed the importance of harmonizing regulations to enhance trust and ensure smoother flows of trade and investment between the two nations.

• Expanding Investment Opportunities

  Sitharaman invited Chinese investors to engage with India’s rapidly growing market, pointing to reforms aimed at boosting transparency and protecting investor confidence.

• Driving Growth Through Infrastructure and Technology

  She reaffirmed India’s commitment to modernizing infrastructure and advancing technological innovation as key foundations for stronger bilateral engagement.

• Empowering SMEs for Inclusive Growth

  The Minister emphasized the central role of small and medium-sized enterprises in driving inclusive development, advocating broader access to finance and global opportunities.

• Forging a Sustainable, Long-Term Partnership

  She concluded by calling for the creation of a lasting alliance rooted in shared values, innovation, and sustainability to jointly tackle global economic challenges.

Reaffirming Commitment to Bilateral Progress

Minister Sitharaman’s remarks reinforced India’s determination to deepen its economic partnership with China. Through coordinated policies, innovation-driven strategies, and ongoing dialogue, both countries can help shape a more interconnected and resilient global economy.