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Temasek’s portfolio rises to new high; India exposure up at 8%

  • Temasek's net portfolio value reached S$434 billion by March 2025, with an 8% exposure to India and decreased exposure to China.
  • Chief Investment Officer Rohit Sipahimalani attributed the portfolio growth to investments in China, the US, and India, supported by macroeconomic conditions and long-term prospects.
  • Temasek plans to continue investing in key markets and explore new ones. It expects India's growth to be driven by capex growth and domestic consumption recovery.
  • In FY25, Temasek made a net investment of S$10 billion, indicating a shift from the previous year's divestment, expressing optimism about a potential US-India trade deal and other free trade agreements.

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