Singaporean investor Temasek’s India portfolio exposure has gone up from $9 billion in FY20 to $14 billion in FY21. In an interview, Temasek’s deputy head, India, Promeet Ghosh tells Raghavendra Kamath that the investor is optimistic about the long-term prospects in the country. Edited excerpts:
Where does Temasek see its India portfolio in FY22?
It was indeed an active year for us, and we look to continue increasing our exposure to India. We are not an asset allocator; we do not have a target geographic allocation for our capital. We evaluate each investment opportunity using a bottom up approach, based on