Singapore investment company, Timazic, is betting on India. It has allocated $ 10 billion in India by 2026-27, of which $ 6 billion has already been published. Timassic is also confident in achieving its investment goals, thanks to strong local consumption and flexibility in geopolitical transformations.
Fishish Sherfastav, a doctorate in medicine from the Times Times of India that India is “somewhat protected against global geopolitical transformations and total doubts against the background of strong local consumption.” He said that this raises investor prospects in India.
Sherfastav said that one of the biggest risks the company faces is political geography. The company that focuses on digitization, consumption, age (health care), and sustainable life (EV) want to build a strong and flexible wallet affected by stocks and where the scope of the results is narrow.
“India is somewhat unique, meaning that it is an economy with a little dependency on the outside world. It is often a local economy, and our wallet reflects this.”
India represents 8 per cent of the Temasek wallet with investments in Axis Bank, Haldiram, Eternal (Zomato), Lenskart, etc.
Not only flexibility in geopolitical transformations, India also has a market with ambitious young consumers and good macro units.
Shrivastav said that the EBay companies, which they invested in maintaining a doubling over many years, and there is no reason to get out of them just for the end of the fund’s life. “We have invested in Zomato when it was a very small company, and it was one of our best performance,” said Sharfastafe.
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