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Laying The Foundations For A Developed India (Viksit Bharat) By 2047

The Hoover Institution hosted, “Laying the Foundations for a Developed India (Viksit Bharat) by 2047,” on Monday, April 21, 2025, at 4:00 pm PT in Hauck Auditorium, Hoover Institution. The event will feature a keynote address and fireside chat with Nirmala Sitharaman, the Honourable Finance Minister of India.

​FEATURING

Nirmala Sitharaman is the current Finance Minister of India, a position she has held since 2019. She holds a Master’s degree in Economics and an M.Phil from Jawaharlal Nehru University, New Delhi. Prior to her role as Finance Minister, she served as Minister of State for Finance and Corporate Affairs and as Minister of Commerce and Industry, where she played a pivotal role in shaping India’s trade negotiations and economic reforms. From 2017 to 2019, she also served as the Minister of Defence.

Steven Davis is the Thomas W. and Susan B. Ford Senior Fellow and Director of Research at the Hoover Institution, and Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR). He was on the faculty at the University of Chicago Booth School of Business for more than 35 years, including service as deputy dean of the faculty.

Šumit Ganguly is a Senior Fellow at the Hoover Institution and Director of the Huntington Program on Strengthening the US-India Relationship. He is the Tagore Chair of Indian Cultures and Civilizations Emeritus and Distinguished Professor Emeritus at Indiana University, Bloomington. He is the author, coauthor, editor, or coeditor of more than 20 books on the contemporary politics of South Asia. He is currently the Co-Editor-in-Chief of the International Studies Review.

Learn more about the Hoover Institution’s Strengthening US-India Relations research program here: https://www.hoover.org/research-teams/strengthening-us-india-relations-hoover-institution-project

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The opinions expressed are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.

© 2025 by the Board of Trustees of Leland Stanford Junior University.

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Hoover Institution

The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.

The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.

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