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.