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TaeguTec India completes a decade, Buffett to visit plant
Warren Buffett's only investment in India TaeguTec India Pvt Ltd, completed a successful decade and has created a niche for itself in the manufacturing domain. Buffett, in his ongoing India visit is slated to visit the company's plant at Bengaluru.
TAEGUTEC INDIA Pvt Ltd, a leading partner for tooling and solutions to the automotive, defense, aerospace verticals besides PSUs today announced the successful completion of a decade of operations in India.
 
The company, which is the only investment of legendary investor Warren E Buffett, Chairman and CEO, Berkshire Hathaway, in India, also shared that Buffett himself will be visiting the company’s plant in Bengaluru during his ongoing visit to India and apprise himself of the operations and its impressive track record.

Speaking on the company’s operations in India and plans, L Krishnan, Managing Director, TaeguTec India, said, ‘The plant in Bangalore is a strategic facility that serves the demands of not only the Indian market but other markets as well. It has involved significant investment and we will continue to invest in the plant to be able to serve the growing needs of our customers in India. We have grown at a rate of 25 per cent in India over the past 3 years and look forward to grow and consolidate further in the year ahead.”

 
“It is a privilege to be a firm which is an investment of the legendary investment firm and no words can express the feeling of each of our employees in having him personally visit our plant tomorrow.” he further added.

Warren E Buffett, Chairman and CEO, Berkshire Hathaway and Eitan Wertheimer, Chairman, IMC Group interacted with the media on the occasion post the presentation of L Krishnan and answered wide ranging queries.

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