India most active area our investment: Temasek Holdings
11 July 2015
Temasek Holdings, the investment arm of the Singapore government, has said that with the focus on revival of investor-led growth in the country, India over the past year had been among its ''most active'' areas of investment with potential for long-term returns, PTI reported.
''In India, we are seeing the (Prime Minister Narendra) Modi-led government focusing on reviving investor-led growth,'' said Ravi Lambah, co-head of India, Africa and the Middle East region at Temasek.
''We have been very active in India last year, and it was probably one of our most active areas of investment,'' said Lambah.
''We've been seeing potential in investing in the country on a long-term perspective. We remain optimistic that India will deliver returns over the long-term,'' he was quoted as saying by Mint Asia.