Billionaire investor Warren Buffett will soon have a foothold in India. Buffett's Berkshire Hathaway plans to enter the Indian non-life insurance sector as a corporate agent of Bajaj Allianz General.
As part of its plans, Berkshire India will sell and distribute general insurance products in India. While the initial focus would be on motor insurance, other areas will also be entered. Kamesh Goyal, CEO of Allianz Asia Pacific, in an interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!