Temasek Eyes Bolder, Selective India Bets as Market Matures

Temasek Holdings Pte is looking to place bigger bets on fewer Indian companies to boost returns on its $50 billion local portfolio in a rapidly growing market where exiting investments has become easier.

“The market is getting bigger and bigger, so we need to concentrate,” said Ravi Lambah, who heads the India operations and strategic initiatives of the Singapore sovereign wealth fund that has been investing in the country for over two decades now.