In the Indian stock market, FIIs have been playing vital role since long time. Investors & Traders of Indian stock market always check the buying or selling data of FIIs almost on daily basis for getting an idea about their call on Indian stock market. Today, we will discuss the latest Portfolio of “Government of Singapore”.
As a one of the famous FIIS, “Government
of Singapore: has made all these investments through the foreign institutional investor’s
platform. As per the Latest Data, GIC has made investment of nearly 2 lakhs
crores in Indian Equity market & has become 8th largest wealth
management fund in the world having investments of amount nearly 58 lakh crore worldwide. Temasek
Holdings, who is another arm of Singapore government, is holding 23 lakh
crore investments in the equity market.
List of the Sectors in which “Government of Singapore” FIIs has
invested:
- Healthcare
- Manufacturing
- Finance
- Infrastructure
- Automobile
- Computer software & hardware
- Trading
- Telecommunications
- Drugs & pharmaceuticals
Please keep in mind that GIC invests for long-term point of view & does not take risky decisions.
List of Companies in
which “Government of Singapore” has invested:
As of Now Government
of Singapore” has invested more than 56 companies in Indian stock market but as
per latest data available, GIC has invested in the following Indian companies:
- Tata Motors
- Mahindra & Mahindra
- Reliance Industries
- Adani Group
- Infosys
- Wipro
- Tata Motors - DVR
- Equitas Small Finance Bank
- Hindustan Aeronautics
- Rainbow Children's Medicare
- Cera Sanitaryware
- Godrej Properties
- Syngene International
- Shriram Finance Ltd
Also Read: Why sanjiv bhasin is bullish on these 20 stocks in 2024
Total investment made
by government of Singapore in Indian companies:
The Government of Singapore has invested in the different Indian companies. As per latest data available in the Market, GIC has made total investment of USD 145.8 billion from FY20 toFY24. Let you know that Singapore is a 2nd largest investor in India. It is important to note that Singapore has great interest in the Indian manufacturing sector & it is expected more investments from Singapore in the coming few years. The Government of Singapore investments in India through various entities like
- Government of Singapore Investment Corporation (GIC)
- Temasek Holdings
Why “Government of
Singapore” invest in Indian stock market?
There are many reasons which attract Government of Singapore for making investment in the Indian stock market. We will discuss important facts:
Major Benefits of
investing in Indian companies for the Government of Singapore:
Tax Benefits:
Bilateral tax treaty between India and Singapore allows for capital gains tax exemption for foreign shell companies in Singapore
Easy to do Business:
Business friendly policies in between Indian and Singapore attract more Investment for Indian companies from Singapore.
Gateway to Emerging
Markets:
Singapore play vital role for connecting Indian companies with other Asia pacific countries like Philippines, Malaysia, and Indonesia. It gives confidence to Singapore for making investment in the Indian companies those are expanding their business in the Asia Pacific countries.
Financial Place:
Singapore is offering
attractive venture funding communities and becoming a best investment
destination in Asia & it gives benefits to Indian investors to grow their
businesses.
Double Taxation
Avoidance:
The Comprehensive Economic Cooperation Agreement (CECA)
between India and Singapore ensures the avoidance of double taxation, lowers
withholding taxes.
Investment Growth outlook:
Indian economy has been growing and it is attracting Singapore for making Investment in the Indian companies and taking more tax benefits.
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