The illustrious chairman of Berkshire Hathaway Inc. stated during the company’s annual meeting that his company may identify “unexplored or unattended” investment opportunities in the nation, which boasts one of the fastest expanding economies globally.
Although there are “loads of opportunities” in India, according to billionaire investor Warren Buffett, he is leaving them to be handled by future management.
The illustrious chairman of Berkshire Hathaway Inc. stated during the company’s annual meeting that his company may identify “unexplored or unattended” investment opportunities in the nation, which boasts one of the fastest expanding economies globally.

“The question is do we have any advantage, in either insights into those businesses or contacts that will make possible some transaction that parties in India would particularly want us to participate,” Buffett said.

He continued, saying that Berkshire is now well-known worldwide and that its experience making investments in Japanese markets has been “interesting.”
Investors have received substantial returns from the Indian stock market in recent years, and influential people such as Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., have voiced optimism about the future of the nation. As wealth managers expand their talent pool in India, international private equity firms have also increased their stakes in the country.
After investing in One 97 Communications Ltd. of India, the company that runs the payments app Paytm, Berkshire Hathaway departed the business last year with a $164 million block purchase.

For future investments in India, Buffett said that it’s “something that more energetic management at Berkshire could pursue.”

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