The Singaporean investment company, Temasek, bets large on India. He assigned 10 billion investments in India by 2026-27, of which $ 6 billion has already been deployed. Temasek is also confident to achieve its investment objectives, thanks to the solid domestic consumption of India and resilience to geopolitical changes.
Vishesh Shrivastav, MD of Temasek told Times of India that India is “quite protected against global geopolitical changes and macro uncertainties on the back of robust interior consumption”. This raises the perspectives of investors in India, he said.
One of the greatest risks facing the geopolitics, said Shrivastav. The company which focuses on digitization, consumption, increased lifespan (health care) and sustainable life (EV) wishes to build a robust and resilient portfolio which is less impact on actions and where the range of results is close.
“India is somewhat unique in the sense that it is an economy with few dependencies on the outside world. It is above all a national economy, and our portfolio reflects it,” he told Daily.
India represents 8% of the Temasek portfolio with investments in Axis Bank, Haldiram’s, Eternal (formerly Zomato), Lenskart, etc.
Not only resilience to geopolitical changes, but India also has a market with young ambitious consumers and good macros.
Shrivastav said that ebay companies in which they have invested are made up for many years and that there is no reason to get them out simply because the life of the fund is over. “We invested in Zomato when it was a very small business, and it was one of our best performers,” said Shrivastav.
