A senior official from the Singaporean sovereign investor stated that India remains an important long-term market for the global investor Temasek Holdings, despite short-term pressures.
India's Structural Growth
Temasek emphasized that while short-term fluctuations in the stock market and energy-related pressures may persist, the company is constructively oriented towards the country's structural growth prospects. These prospects are supported by a large consumer market, infrastructure development, and a growing middle class.
Investment Focuses and Experience
The sovereign investor is focused on leveraging opportunities in sectors such as healthcare, financial services, and consumer goods, where strong structural growth trends remain in India. Dilhan Pillai Sandrasegar, CEO of Temasek, noted that India has been significantly beneficial to the company, although the past year was challenging due to exchange rate instability.
Portfolio and Financial Performance
More than 40 percent of Temasek's portfolio consists of Singaporean companies, including DBS, Singtel, and Singapore Airlines. All three companies have significant interests in India: DBS owns a wholly-owned bank, Singapore Airlines collaborates with the Tata Group in Air India, and Singtel is linked to the telecommunications sector, including Bharti Airtel.
As part of divestments, Temasek sold the Dutch company Axia Vegetable Seeds and Schneider Electric India. Amid global uncertainty caused by the war with Iran, the projected growth for 2026 was slower than the 11.9 percent increase recorded between 2024 and 2025. Last year, Temasek's net asset value stood at 469 billion Singapore dollars using the fair value method. However, as of March 31 of the current year, the net asset value of the portfolio increased by 10.5 percent compared to the previous year, reaching 518 billion Singapore dollars.