Temasek aims to invest up to $16 billion in India as it turns cautious over China

Quick Summary:

India accounts for 7 per cent of Temasek’s global exposure, which it wants to increase further.

Temasek’s current India exposure includes investments in HDFC Bank, IPO-bound e-scooter maker Ola Electric and Manipal Hospitals.

Mr Bhandari also said that Temasek will look at hiring more investment professionals in India from the current 20 as its portfolio grows, but declined to share specifics.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaIndiaUnited States

Topics: India Temasek’s China Billion Bhandari Investments Temasek Healthcare Cent Exposure Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 22:40:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 551 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 21630164

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