Mumbai, July 14 -- Temasek Holdings will make concentrated and larger bets in India, a top executive said as the Singapore state investor hit a record $50 billion assets under management with its portfolio in India.

The firm is likely to maintain its pace of deploying capital this year, averaging around $3 billion, said Ravi Lambah, head, strategic initiatives and head, India, for Temasek, in an interview with Mint. Last year, Temasek put $3 billion to work in public and private markets in India.

In 2023, Temasek had said that it expected to invest around $10 billion in India over three years.

"The threshold for investment across the board has increased," said Lambah. Temasek is now in favour of bigger, more concentrated bets that will...