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.