| Temasek Holdings, the Singapore government's investment arm, is looking forward to opportunities from a reforms push by the new government in India of Narendra Modi. It is bullish on small companies in the health care and biotechnology space in India and will look for sectors that might get opened for foreign direct investment (FDI), a senior Temasek official said here.
Stephen Forshaw, its managing director, strategic and public affairs, said, "We always had a very strong interest in India. We have two offices there and are fundamentally optimistic in the long term about India. All signs with the change of government, though it is still early days, are very positive about the reform agenda."..........................................Full Article: Source
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