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https://www.google.com/amp/s/m.econ...ndia-ravi-lambah/amp_articleshow/70175546.cms
Temasek keen to increase pace of investment in India: Ravi Lambah
By ET Now | Updated: Jul 16, 2019, 04.32 PM IST
HIGHLIGHTS
Can you tell us how the journey for Temasek India has been and how has the portfolio value grown?
We have been here for the last 15 years. This is our 15th year in India. We have reached a record high in our portfolio in India with that $11 billion. It represents 5% of our global portfolio. In Temasek we ended March 2019 with a portfolio of S$313 billion (US$231 billion). The India portfolio has been quite focussed on playing the consumption theme in the country as well as looking at beneficiaries of the consumption theme. We have been invested in financial services for a long time -- in the banks, newer sectors like insurance that have given us the opportunity for capital work. We have been in technology, we have been in fast moving consumer goods, in retail, in healthcare and pharmacy as well. From that perspective the scorecard has been good. We have been putting up about billion dollars a year to work in India at an average for the last five years and we are hoping that we will increase that base.
Temasek keen to increase pace of investment in India: Ravi Lambah
By ET Now | Updated: Jul 16, 2019, 04.32 PM IST
HIGHLIGHTS
- India portfolio has reached a record $11 bn.
- Temasek has been investing $1 bn a year and hoping to increase that base.
- Temasek has focussed on playing investment theme in India.
Can you tell us how the journey for Temasek India has been and how has the portfolio value grown?
We have been here for the last 15 years. This is our 15th year in India. We have reached a record high in our portfolio in India with that $11 billion. It represents 5% of our global portfolio. In Temasek we ended March 2019 with a portfolio of S$313 billion (US$231 billion). The India portfolio has been quite focussed on playing the consumption theme in the country as well as looking at beneficiaries of the consumption theme. We have been invested in financial services for a long time -- in the banks, newer sectors like insurance that have given us the opportunity for capital work. We have been in technology, we have been in fast moving consumer goods, in retail, in healthcare and pharmacy as well. From that perspective the scorecard has been good. We have been putting up about billion dollars a year to work in India at an average for the last five years and we are hoping that we will increase that base.