Sitharaman Unfolds India’s Green Growth Agenda on Global Stage

In her speech at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman underscored the increasing urgency of strengthening economic cooperation between India and China. She presented a strategic vision aimed at expanding trade, boosting cross-border investment, and building a future-oriented partnership grounded in trust, innovation, and shared prosperity.

Strengthening Strategic Economic Partnerships

Sitharaman highlighted the influential role both countries play in shaping global economic trends. She called for stronger regulatory alignment, deeper innovation-led collaborations, and more resilient institutional mechanisms to establish a trade system that is transparent, inclusive, and forward-looking.

She identified renewable energy, digital finance, information technology, and advanced manufacturing as key growth sectors with the potential to drive sustainable development and deepen bilateral economic engagement.

Expanding Public-Private Engagement

• Building Investor Confidence Through Stability

  The Minister emphasized that transparent, consistent, and predictable regulatory frameworks are vital for fostering investor trust and ensuring smoother trade and investment flows between the two economies.

• Unlocking Fresh Investment Opportunities

  She invited Chinese investors to explore India’s dynamic market, citing reforms designed to enhance transparency, strengthen competitiveness, and protect investor interests.

• Infrastructure and Technology as Growth Engines

  Sitharaman reaffirmed India’s commitment to advancing infrastructure and technological capabilities as critical drivers of stronger economic cooperation.

• Supporting SMEs for Inclusive Development

  She stressed the vital role of small and medium-sized enterprises in driving inclusive growth, calling for broader access to financing and greater integration into global value chains.

• Building a Durable and Sustainable Partnership

  The Minister concluded by underscoring the importance of forging a long-term alliance rooted in shared values, innovation, and sustainability to address global economic challenges collectively.

Reaffirming a Shared Path to Prosperity

Sitharaman’s remarks reaffirmed India’s commitment to deepening its economic relationship with China. Through coordinated policy measures, innovation-led initiatives, and sustained dialogue, both nations can contribute to shaping a more balanced, resilient, and interconnected global economy.