Temasek Holdings Pte, a Singapore state-owned investment firm, is seeking partnerships to deploy up to $5 billion a year in India, according to a report by Bloomberg.
Temasek has been investing in India for over 20 years and has a portfolio of over 100 companies in the country. The firm is looking to expand its investments in India across a range of sectors, including technology, healthcare, and infrastructure.
Temasek is particularly interested in partnering with Indian companies that are looking to expand overseas. The firm believes that India has a number of strong companies with the potential to become global leaders.
India is a key market for Temasek and we are committed to supporting the growth of the Indian economy,” said Dilhan Pillay Sandrasegara, CEO of Temasek International. “We are looking for partners who share our long-term vision for India and who are committed to building sustainable businesses.”
Temasek’s move to seek partnerships in India comes at a time when the country is attracting increasing investment from foreign firms. India’s economy is growing rapidly and the country has a large and young population. These factors are making India an attractive destination for foreign investment.
Temasek’s partnerships in India are likely to be focused on sectors where the firm has existing expertise, such as technology and healthcare. The firm is also likely to focus on sectors that are key to India’s economic growth, such as infrastructure.
Temasek’s partnerships in India are likely to have a significant impact on the Indian economy. The firm’s investments will help to create jobs and boost economic growth. The partnerships will also help to transfer technology and knowledge to Indian companies.
Private Equity News Asia
