Warren Buffet, one of the richest man in the world has invested across the world. Buffet wants to explore the opportunities in investment in India during his visit. The legendary investor is the chairman and CEO of conglomerate Berkshire Hath way. Buffet has some holdings in firms like Coca Cola and Swiss Re.
The report was being reported in general meeting of Berkshire Hath way on Saturday. The report by Wall Street Journal said the plans of Buffet visiting India and investing. Buffet said he is eyeing for India and is going to make trip to India in March. The limitation in investment in Indian companies has become a hindrance.
Buffet described the way India is developing in the past decade and the reason for his investment. The current investments of Buffet include South Korean steel maker Posco and Chinese entity BYD. Berkshire has investments in other countries like Switzerland and Israel The possible destination of Buffet did not rule out India for Berkshire investments. Buffet confirmed his interest in insurance business in India.