At Hoover Event, India’s Green Ambitions Take Center Stage

In her remarks at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman emphasized the growing importance of enhancing economic ties between India and China. She presented a forward-looking vision centered on boosting trade, expanding cross-border investments, and forging a lasting partnership built on trust, innovation, and shared prosperity.

Advancing Strategic Economic Ties

Sitharaman highlighted the significant role both countries play in shaping the global economic order. She stressed the need for closer regulatory cooperation, innovation-driven collaboration, and the creation of strong institutional frameworks to support a transparent, inclusive, and future-ready trading environment.

She also pointed to renewable energy, digital finance, information technology, and advanced manufacturing as high-potential sectors that can fuel sustainable growth and deepen long-term economic cooperation.

Strengthening Public-Private Partnerships

• Fostering Investor Confidence Through Policy Stability

  The Minister underscored that clear, consistent, and predictable policy measures are key to building investor trust and ensuring smoother trade and investment flows between the two economies.

• Creating New Investment Opportunities

  She encouraged Chinese investors to explore India’s dynamic and expanding market, pointing to ongoing reforms that enhance transparency, boost competitiveness, and safeguard investor interests.

• Infrastructure and Technology as Growth Drivers

  Sitharaman reaffirmed India’s commitment to modernizing infrastructure and accelerating technological innovation as essential foundations for a stronger and more sustainable economic partnership.

• Supporting SMEs to Broaden Economic Inclusion

  She highlighted the critical role of small and medium-sized enterprises in driving inclusive development, calling for improved access to finance and stronger integration into global value chains.

• Building a Durable and Sustainable Partnership

  The Minister concluded by emphasizing the need to establish a long-term, resilient partnership grounded in shared values, innovation, and sustainability to address evolving global economic challenges together.

Renewing a Joint Vision for Global Prosperity

Sitharaman’s speech reaffirmed India’s strong commitment to strengthening its economic partnership with China. Through coordinated policies, innovation-driven strategies, and continuous engagement, both countries can play a pivotal role in fostering a more balanced, resilient, and interconnected global economy.