| Singapore state-investment firm Temasek Holdings Pte. said it is cautious about investing in India and prefers sectors that are relatively less affected by government decisions. These include information-technology and related services companies, fast-moving consumer goods, financial services and health care.
"These are sectors where India has a competitive advantage and sectors which we are seeing showing resilience even in the context of the global downturn," said Rohit Sipahimalani, head of Temasek's India office, at a news conference. Temasek is the world's ninth-largest state investor, according to the Sovereign Wealth Fund Institute, with $156 billion in assets...............................................Full Article: Source
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