Temasek Holdings now holds around $50 billion in Indian assets and aims to invest $3–4 billion each year in FY26, according to Ravi Lambah, Head of India and Strategic Initiatives. The firm has already put in over $6 billion of its planned $10 billion three‑year commitment, backing sectors like financial services, healthcare, consumer goods, and sustainable technologies
🔍 4 Strategic Impacts
1️⃣ Supercharging high-growth sectors
Temasek will deploy capital across banks, healthcare, and digital transformation, following recent bets like ICICI Bank, Manipal Hospitals, and the $1 billion stake in snack-maker Haldiram’s
2️⃣ Scaling investments with local partners
The firm plans to deepen its India team and build partnerships with family-led businesses, exemplified by earlier deals in Manipal, Haldiram, and Dr Agarwal’s Health
3️⃣ Rebalancing global risk
India exposure now stands at 8% of Temasek’s total portfolio, up from 7% previously, reflecting strategic pivot from China; India has become its third-largest market globally Business Standard
4️⃣ Fostering sustainability and consumption trends
Aligning with global themes—digitisation, longer lives, sustainable living—Temasek targets climate-smart and consumer-focused ventures, leveraging India’s demographic and structural tailwinds
🔭 What to Watch Going Forward
- FY26 investment pipeline: Watch how the $3–4 bn planned capital is allocated across sectors.
- New flagship investments: Will Temasek pursue marquee deals in tech, healthcare, green energy?
- Exit strategies: Monitoring progress towards IPOs or portfolio harvests as companies scale.
- Localized partnerships: Continued moves into family-run businesses and growth-stage firms.
✅ Bottom Line
With a record $50 billion stake in India and plans to allocate $3–4 billion annually in FY26, Temasek is reinforcing its long-term India strategy. Through sector-focused investments, local partnerships, and alignment with global investment themes, Temasek is doubling down on India amid evolving global economic dynamics.
