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Warren Buffett keen to invest in India
By: Tupaki Desk | 9 May 2017 7:56 AM GMT
Warren Buffett opined India have incredible potential in a recent interview. He didn't hesitate to describe the Asian Country as a 'huge/enormous market'.
Interestingly, Mr.Buffett told he would immediately catch the plane to India if the right opportunity comes his way. 'Inform Me about a wonderful Indian company which is for sale, I will be right there by Tomorrow,' he said.
After Warren Buffett visited India 2011, His Company Berkshire collaborated with Bajaj Allianz for selling Online Insurance. However, The deal has been ended within just 2 years.
According to Warren Buffett, Indian Laws which restrict foreign investors like him from owning a certain percentage is the biggest hurdle ahead. This most successful businessman makes it clear that he would wish to own 100% of any business that he runs but laws in India don't allow that to happen.
Buffett who is known to be successful investor admits making few mistakes. He regrets investing in IBM and not opting for either Google or Amazon. He is also not happy with himself for ignoring Technology Stocks.
Interestingly, Mr.Buffett told he would immediately catch the plane to India if the right opportunity comes his way. 'Inform Me about a wonderful Indian company which is for sale, I will be right there by Tomorrow,' he said.
After Warren Buffett visited India 2011, His Company Berkshire collaborated with Bajaj Allianz for selling Online Insurance. However, The deal has been ended within just 2 years.
According to Warren Buffett, Indian Laws which restrict foreign investors like him from owning a certain percentage is the biggest hurdle ahead. This most successful businessman makes it clear that he would wish to own 100% of any business that he runs but laws in India don't allow that to happen.
Buffett who is known to be successful investor admits making few mistakes. He regrets investing in IBM and not opting for either Google or Amazon. He is also not happy with himself for ignoring Technology Stocks.
