"Unexplored Opportunity": Warren Buffet Addresses Big India Question
NDTV
Warren Buffet made his remarks at the Berkshire Annual Meeting 2024, held in Omaha in the US state of Nebraska, when an investor asked him about the possibility of Berkshire exploring the Indian market.
Billionaire investor Warren Buffett has hinted at potential forays into the Indian market, citing the country's "unexplored" opportunities and its position as the world's fifth-largest economy. Mr Buffet's comments come amidst growing optimism surrounding India's economic prospects and signal a potential shift in Berkshire's investment strategy towards emerging markets.
Mr Buffet made his remarks at the Berkshire Annual Meeting 2024, held in Omaha in the US state of Nebraska, when an investor asked him about the possibility of Berkshire exploring the Indian market.
"It is a very good question. I am sure there are loads of opportunities in countries like India," he said. "The question, however, is whether we have any advantage or insights into those businesses in India or any contacts that will make possible transactions that Berkshire would like to participate in. That is something a more energetic management at Berkshire could pursue."
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