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flag Temasek’s Teo Chee Hean lauded India’s labor and tax reforms, citing increased investor confidence and plans to expand its $50 billion investment in India.

flag Temasek Chairman Teo Chee Hean praised India’s economic reforms during a speech in New Delhi, highlighting the consolidation of 29 labor laws into four codes and improvements to the Goods and Services Tax as major strides in simplifying the business environment. flag Speaking alongside Finance Minister Nirmala Sitharaman, he noted that these changes have boosted investor confidence and attracted long-term global interest. flag Temasek, Singapore’s sovereign wealth fund, has $50 billion in cumulative investments in India and plans to expand in sectors like technology, healthcare, manufacturing, and renewable energy, reflecting strengthened economic ties and growing confidence in India’s reform-driven growth.

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