At the annual meeting of legendary Wall Street investor, Warren Buffett this past weekend, he was asked about India. Here is what was reported on the Wall Street Journal blog:
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Currently Berkshire has only invested in a few countries outside the U.S., including China and Israel — Buffett said he is eying the country, adding that he is going to make a trip to India in March next year. One problem, he said, is that Indian laws limit how much Berkshire can invest in companies in the country. Still, he sees potential noting that India has made big improvements in the last 10 years.
