Opportunities in India as it grows to be an innovation hub in the next 5 years: GIC

GIC said it sees positive trends such as progress in payments and digital lending in India as the country digitalises rapidly. PHOTO: GIC
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Sovereign wealth fund GIC is bullish about India, which it says is well-positioned to become an innovation hub in the next five years as digital infrastructure there is built as a public good for its growing population.

In an interview with The Straits Times, GIC chief investment officer for private equity Choo Yong Cheen said the fund is looking to do more in that market.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.