The rapid growth of India

In the quarter from 1023-24 fiscal year, India’s GDP growth rate was 8.4%, and it continued to maintain the position of the fastest growing major economy in the world, and it is expected that it will continue to maintain its growth trajectory.Earlier in the 2022-23 fiscal year and 2021-22 fiscal year increased by 7.2%and 8.7%, respectively.Agra Wealth Management

In recent years, the Indian stock market has brought high returns to investors.Morgan Chase CEO Jamie Dimon and other important people such as Wall Street are optimistic about the future of India.While the wealth management company expands the Indian talent pool, global private equity companies are also increasing investment in India.Bangalore Investment

Berkshire Hathawa invested in the parent company of India’s Paytm of India’s mobile payment company Paytm in 2018 in 2018.However, last year, Berkshire sold its investment in the company after selling all its shares at Paytm for $ 164 million.

Regarding the future investment in India, Buffett said that this is "Berkshire’s more vibrant management can pursue things." He also said that he would not spend too much time to seek opportunities in the country.

Mumbai Wealth Management