Prem Watsa calls India a 'sparkling star' on world map

Prem Watsa, Canada-based billionaire, who is also known as Warren Buffett of Canada, is bullish on India among other emerging economies across the world.

The Watsa-possessed Fairfax Financial Holdings has effectively raised and put over $1 billion in India and will raise more cash after some time, he said in a select meeting with ETNow.

The gathering has made a progression of acquisitions in India, incorporating a dominant part stake in travel firm Thomas Cook India, a minority stake in money related administrations firm IIFL Holdings, and stakes Bangalore International Airport and Sanmar Chemicals.

Watsa further said India has boundless conceivable outcomes and potential and is without a doubt the sparkling star. He is extremely bullish on the money related administrations space in India and as of late gained a 40 for every penny stake in the Bangalore International Airport.

He portrays Narendra Modi as the 'Lee Quan Yew' of India and trusts that the Prime Minister would be re-chosen with the goal that he can keep on transforming India.
(image:Indiainsider)