Temasek signals $10bn India investment push, backing organised consumption
Temasek plans to deploy about $10 billion in India over the next three years, targeting consumer, technology, financial services and healthcare. Its continued interest in food, FMCG and Haldiram’s points to sustained conviction in India’s organised-consumption growth story.
Temasek plans to deploy about $10 billion in India over three years, targeting consumer, technology, financial services and healthcare. It remains bullish on organised consumption, food and FMCG, while retaining stakes in Zomato and Policybazaar and investing in Haldiram’s.
Why this matters
The plan extends Temasek’s recent India retail push, following a signal on its S$518 billion portfolio and backing for Haldiram’s, Lenskart and Eternal.
retail-company signals are accelerating, up 1,010,200% QoQ.
Also reported by
- The Hindu BusinessLine — 1h after first sighting