Warren Buffett is waiting for a golden opportunity to debut in the Indian market

Warren Buffett, American business magnate, philanthropist and world’s richest man, thinks highly of India and especially IITians.

In conversation with ET, Buffett said that he is eyeing the Indian market keenly, and would surely come to India if he finds a good value company for sale.

"The potential in India is incredible currently," said Buffett, recalling the hospitality he received in 2011, on his last visit to India.

Asked about the global economic and political environment, he said that he only pays attention to businesses and not markets.

"I have no doubt on the future of America and the world."

The wizard of Omaha added that despite civil wars and other issues, US has developed, which proves that holding good business is all an investor needs to do fine.