Sitharaman Maps India’s Green Growth Journey at Hoover Forum

Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman emphasized the increasing relevance of enhancing economic cooperation between India and China. She presented a forward-thinking agenda aimed at expanding trade, boosting cross-border investments, and building a long-term partnership grounded in trust, innovation, and shared prosperity.

Advancing Strategic Economic Cooperation

Sitharaman noted the crucial role both nations play in shaping the global economic landscape. She called for deeper regulatory coordination, stronger innovation-driven engagement, and the establishment of robust institutional mechanisms to foster a transparent, inclusive, and future-oriented trade framework.

She also identified renewable energy, digital finance, information technology, and advanced manufacturing as priority sectors that can propel sustainable development and strengthen bilateral economic relations.

Promoting Public-Private Collaboration

• Strengthening Investor Confidence Through Predictable Policies

  The Minister stressed that transparent, consistent, and stable policy frameworks are key to enhancing investor confidence and ensuring smoother trade and investment flows between the two economies.

• Expanding Investment Opportunities

  She invited Chinese investors to engage with India’s dynamic market, highlighting ongoing reforms that aim to improve transparency, boost competitiveness, and secure investor interests.

• Infrastructure and Technology as Growth Drivers

  Sitharaman reaffirmed India’s dedication to infrastructure development and technological progress as critical foundations for sustainable and mutually beneficial economic collaboration.

• Empowering SMEs for Inclusive Economic Growth

  She emphasized the important contribution of small and medium-sized enterprises to inclusive growth, advocating for broader financial access and deeper integration into global supply chains.

• Forging a Sustainable and Resilient Partnership

  The Minister concluded by underscoring the need to build a long-term, innovation-led partnership rooted in shared values and sustainability to jointly address global economic challenges.

Renewing a Shared Vision for Global Prosperity

Sitharaman’s remarks reaffirmed India’s continued commitment to deepening its economic relationship with China. Through coordinated policy efforts, innovation-led initiatives, and constructive dialogue, both countries can play a vital role in fostering a more balanced, resilient, and interconnected global economy.