Warren buffett eyes untapped potential in indian stock market

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Warren Buffett
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INVC NEWS
Washington : The billionaire investor Warren Buffett said there are undiscovered opportunities in the Indian stock market, which his group’s holding company Berkshire Hathaway would like to explore in the future. Buffett’s comments came recently during Berkshire’s annual meeting. Rajiv Agarwal of US-based hedge fund Visionary Advisors, which invests in Indian equities, had asked him about Berkshire’s prospects in India, the world’s fifth-largest economy. Told Buffett that this is a very good question.

Warren Buffett said that I am sure there are a lot of opportunities in countries like India. The Berkshire Hathaway co-founder, chairman and CEO said, “However, the question is whether we have any edge or insight into those businesses in India or any connectivity that would have made the transaction possible through Berkshire’s participation.” Could.

He said more energetic management at Berkshire could drive this forward. Buffett (93) said that Berkshire has a very high reputation around the world. He said that his experience in Japan has been very interesting. Regarding India, he said, there may be an opportunity which has not been discovered or which has not been paid attention to but it may happen in the future.

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