Temasek seeks partnerships in India investment

The state investor is planning to hire another four to five investment professionals, bringing its India team to more than 20 people, Temasek India head Ravi Lambah says. — Bloomberg

SINGAPORE: Singapore’s Temasek Holdings Pte is looking for strategic partners as it seeks to deploy between US$3bil (RM13.63bil) and US$5bil (RM22.71bil) a year in India, betting that the country can become a top driver for growth.

The state investor is planning to hire another four to five investment professionals, bringing its India team to more than 20 people, Temasek India head Ravi Lambah said in an interview. Lambah is also the head of investment group.