The firm could commit as much as US$10 billion to the country in three years, and the deployment could be through a mix of partnerships and more capital in public equities, he said.
Singapore’s Temasek Holdings is looking for strategic partners as it seeks to deploy between US$3 billion to US$5 billion 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.
