Temasek Poised for $10 Billion Investment Surge in India

Singapore's global investment firm Temasek plans to invest USD 10 billion in India over the next three years. The company has seen the highest returns from India in the past decade and remains optimistic about its prospects, prioritizing themes like digitization, consumption, and sustainable living.


Devdiscourse News Desk | Mumbai | Updated: 15-07-2024 19:35 IST | Created: 15-07-2024 19:35 IST
Temasek Poised for $10 Billion Investment Surge in India
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Singapore's global investment firm Temasek is set to invest approximately USD 10 billion in India over the next three years, according to Vishesh Shrivastav, the company's managing director for investments in India.

India has delivered the highest returns for Temasek over the past decade, holding an overall India exposure of USD 37 billion as of March 2024. Shrivastav emphasized the firm's optimistic outlook on India's potential for high returns and economic stability.

The investment entity will focus on key themes such as digitization, rising consumption, longer lifespans, and sustainable living. Temasek invested USD 3 billion in India last year, marking 7 percent of its overall global exposure. Despite concerns over high valuations and potential policy instability, the company remains committed to disciplined investment strategies to identify lucrative opportunities.

(With inputs from agencies.)

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