Akshata Sharma
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Singapore's sovereign wealth fund, Temasek, plans to invest $10 billion in India over the next three years, according to Ravi Lambah, Temasek's head of India and strategic initiatives.
The substantial investment will increase Temasek's total exposure in India to $47 billion.
"This figure excludes what our subsidiaries will invest in India as they are also investing in the country," said Lambah.
The firm, which invested $3 billion in India last year, has been active in the country for the past two decades.
Temasek is focusing on four key themes for its investments:
Increasing lifespan through healthcare, consumption, digitization, and sustainability.
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