MUMBAI: India still remains a promising economy for Temasek even though the PE fund's investment has dropped in the past one year, said Rohit Sipahimalani, co-chief investment officer and head, India, and co-head, the Middle East.
"There's a lot of uncertainty, but times like these also create opportunities. We will take advantage of the uncertainty, but will remain cautious," Sipahimalani said.
Temasek's past investments include GMR Energy, Bharti Airtel, Tata Tele Services, NSE and ICICI.
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