Overview

• Temasek's mark-to-market exposure to India rose to about $50 billion, up from $35 billion a year ago.
• It plans to deploy $3–4 billion in fiscal 2026, in line with its three-year $10 billion commitment established in 2023.
• The firm is shifting toward selective, larger stakes, particularly in family-run companies like Haldiram's and Manipal Hospitals.
• Focus sectors include consumption, digitisation, healthcare and sustainable living as key growth themes in India's maturing market.
• Exits have become easier in India’s bullish equity market, encouraging Temasek to concentrate capital deployment on fewer high-conviction bets.