Warren Buffett in India

Warren Buffett is in the India. Warren Buffett is the CEO and the Chairman of The Berkshire Hathaway. Warren buffett is regaling the Bangalore crowd by stating through the metal industry as an exciting venture.

Bill Gates who is chief of Microsoft has been visiting India twice sometimes. Warren Buffett is in India as part of his philanthropic initiatives, and is also expected to look at possible investment opportunities in the country. Bill Gates is involved in many socialize activities like HIV/ AIDS control, Polio vaccination efforts, and other immunization programmes. He met India’s Health Minister Ghulam Nabi Azad and discussed various health programmes going on in the country with his financial support.

This is the first time that Buffett is in India as part of his philanthropic initiatives, and is also expected to look at possible investment opportunities in the country.

Warren Buffett is steped into the Indian non-life insurance sector as a corporate agent of Bajaj Allianz General. India currently allows only 26 per cent foreign investment in insurance business, but a proposal is underway to increase it to 49 per cent.

During his face to face with the media groups yesterday, Buffett said that India is a great scope for minded investment but the country id too big and diverse therefore it cannot be referred to as an emerging industry.

Warren Buffett the billionaire also put up some serious endorsements of the Indian hospitality which did overwhelm him. The treatment he felt was remarkable and was surely happy to be welcomed here.