Temasek planning to invest $10 bn in India over 3 yrs amid China slump

Temasek Holdings plans to increase its exposure to India by investing $2-3 billion annually over the next two to three years. The Singapore sovereign wealth fund considers India one of its two most preferred markets globally, alongside the US. Temasek has deployed about $37 billion in India over the last two decades, making its India exposure 7% of its global portfolio. In 2023, Temasek poured a record $3 billion in India.