1 month ago
Temasek's Bullish India Strategy and AI Focus
Temasek, a Singaporean sovereign wealth fund, has significantly increased its investment in India over the past decade, making it one of its best-performing markets.
The fund plans to invest an additional $10 billion in India over the next few years.
Temasek sees great potential in AI, aiming for it to account for 10-15% of its global portfolio by 2031.
In India, Temasek believes the application layer of AI could be particularly relevant.
While Temasek is bullish on AI and other sectors, it remains cautious about direct investments in private credit in India, preferring to evaluate opportunities that meet their risk-return criteria.
Temasek has quadrupled its India exposure to $42 billion over the past decade.
India accounts for about 7% of Temasek's global portfolio.
Temasek plans to invest an additional $10 billion in India over the next two to three years.
AI could account for 10-15% of Temasek's global portfolio by 2031.
Temasek believes the application layer of AI is particularly relevant in India.
- Who
- Temasek Global Investments, Vishesh Shrivastav, Mohit Bhandari
- What
- Temasek's investment strategy and focus on AI in India
- Where
- India
- When
- Over the past decade and plans for the next few years
- Why
- To capitalize on growth opportunities and transform industries through AI
Increased Investment in India
Cautious Approach to Private Credit
Investment Strategy
Increased Investment in India
Temasek aims to increase its investment in India, targeting $10 billion over the next two to three years, driven by strong performance and growth opportunities.
Cautious Approach to Private Credit
Temasek remains cautious about direct investments in private credit in India, preferring to evaluate opportunities that meet their risk-return criteria.
Key facts
- Current India Portfolio Share
- 7%
- Target Investment in India
- $10 billion over the next two to three years
- AI Portfolio Allocation by 2031
- 10-15%
- Private Credit Portfolio Allocation by 2031
- 5%
- Infrastructure Portfolio Allocation by 2031
- 5%
- Current India Exposure
- $42 billion
- India's Performance for Temasek
- Best-performing market over the last 10 years
Quotes
Vishesh Shrivastav
Managing director, Temasek Global Investments, India
“"There has been no change in our approach. We remain interested in any new sector with strong growth potential."”
financialexpress.com
“"We see AI as a foundational technology with the potential to fundamentally transform a number of industries."”
financialexpress.com
Sources
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