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Government of Singapore: Latest Investment in Indian companies

  FIIs Investor: Government of Singapore latest Investment in Indian stock market

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. Temasek Holdings has already invested nearly $2.2 billion in India in FY24, with latest investment in Manipal Health and a small cheque in Atomberg Technologies. Temasek investments in India have earned nearly $1 billion per year.

List of the Sectors in which “Government of Singapore” FIIs has invested:

  1. Healthcare
  2. Manufacturing
  3. Finance
  4. Infrastructure
  5. Automobile
  6. Computer software & hardware
  7. Trading
  8. Telecommunications
  9. 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:

  1. Tata Motors
  2. Mahindra & Mahindra
  3. Reliance Industries
  4. Adani Group
  5. Infosys
  6. Wipro
  7. Tata Motors - DVR
  8. Equitas Small Finance Bank
  9. Hindustan Aeronautics
  10. Rainbow Children's Medicare
  11. Cera Sanitaryware
  12. Godrej Properties
  13. Syngene International
  14. Shriram Finance Ltd

Also ReadWhy 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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