Temasek’s Focus in India Will Be Minority Stakes, Growth Investing
- India accounts for 7% of Temasek’s $289 billion net portfolio
- MD for India investment, Shrivastav, speaks with Bloomberg
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Temasek Holdings Pte is targeting minority stakes and helping Indian companies to grow from there, largely eschewing the trend of taking majority holdings in firms based in the world’s most populous country.
“We’ve been growth investors and I don’t see that fundamentally changing,” Vishesh Shrivastav, Temasek’s managing director for India investments, said in an interview with Bloomberg News. Core areas include digitization, consumption, longer lifespans and sustainable living, Shrivastav said.