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Temasek Holdings, a Singapore state-owned investment company, has set its sights on investing $10 billion in India over the next three years. The investment will focus on sectors such as technology, healthcare, and infrastructure.
Temasek has been investing in India for over 20 years and has already invested over $30 billion in the country. The company’s latest investment plan is a sign of its continued commitment to India.
“India is a key strategic market for Temasek,” said Rohit Sipahimalani, Temasek’s India head. “We believe that India has the potential to become a global economic powerhouse and we are committed to supporting India’s growth.”
Temasek’s investment plan will focus on three key areas:
- Technology: Temasek will invest in technology companies that are disrupting the status quo. The company is particularly interested in companies that are working in the areas of artificial intelligence, cloud computing, and e-commerce.
- Healthcare: Temasek will invest in healthcare companies that are developing new technologies and treatments. The company is particularly interested in companies that are working in the areas of precision medicine, gene therapy, and digital health.
- Infrastructure: Temasek will invest in infrastructure companies that are building the backbone of India’s economy. The company is particularly interested in companies that are working in the areas of transportation, energy, and water.
Temasek’s investment plan is a vote of confidence in India’s future. The company’s investment will help to accelerate India’s growth and create jobs.
