'Temasek's focus in India will be minority stakes, growth investing'

Quick Summary:

India now accounts for about 7% of Temasek's net portfolio value of S$389 billion ($289 billion), up from 4% in 2020, Shrivastav said.

The Singapore state investor has deployed nearly $37 billion in India over the past two decades, according to Shrivastav.

In 2020, Temasek partnered with Swedish asset manager EQT AB to establish a renewable energy platform O2 Power in India.

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Category: BusinessFinance

Markets: IndiaSingapore

Topics: Finance Pine Labs Temasek Investment ICICI Bank HDFC Bank Ltd

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 17:11:28 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21651839

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