A Greener Tomorrow: Sitharaman Outlines India’s Sustainable Vision at Hoover Event

While addressing the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the growing need to strengthen economic cooperation between India and China. She outlined a strategic roadmap aimed at expanding trade, increasing cross-border investments, and fostering a future-ready partnership built on trust, innovation, and shared prosperity.

Enhancing Strategic Economic Cooperation

Sitharaman stressed the pivotal role both nations play in influencing global economic trends. She called for closer regulatory alignment, innovation-driven collaborations, and stronger institutional frameworks to establish a trading system that is open, inclusive, and sustainable.

She pointed to renewable energy, digital finance, information technology, and advanced manufacturing as priority sectors that can serve as powerful engines for long-term growth and collective progress.

Expanding Public-Private Partnerships

• Boosting Investor Confidence Through Clear Regulations

  The Minister emphasized that transparent, stable, and predictable regulatory frameworks are essential for strengthening investor trust and enabling smoother trade and investment flows between the two countries.

• Opening New Avenues for Investment

  She encouraged Chinese investors to tap into India’s dynamic market, highlighting policy reforms designed to improve transparency, boost competitiveness, and ensure strong investor protections.

• Infrastructure and Technology as Growth Enablers

  Sitharaman reiterated India’s focus on advancing infrastructure and technology as foundational elements for deepening bilateral economic engagement.

• Empowering SMEs to Advance Inclusive Growth

  She underlined the critical contribution of small and medium-sized enterprises to inclusive development, advocating for broader access to financing and greater integration into global value chains.

• Forging a Sustainable, Long-Term Partnership

  The Minister concluded by calling for a lasting alliance rooted in shared values, innovation, and sustainability to address global economic challenges together.

Reaffirming a Shared Vision for Prosperity

Sitharaman’s address reaffirmed India’s strong commitment to enhancing its economic partnership with China. Through policy alignment, innovation-driven initiatives, and continuous dialogue, both nations can play a decisive role in building a more resilient, balanced, and interconnected global economy.