Buffett sees significant growth in global output over next year

Industrials Reuters

MUMBAI (Reuters) - Billionaire Warren Buffett, on a visit to Bangalore in India, said he saw significant growth in global output over the next year, in a television interview on Wednesday.

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On Tuesday, Buffett had said he was looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India's insurance industry could act as a deterrent in the sector.

(Reporting by Neha Singh)