Buffett heads Berkshire Hathaway Inc, which has substantial insurance and utility investments globally.
"I don't consider India as an emerging market, I consider India as a very big market," he said. "We continue to look at large countries like India."
Buffett also said the crisis in Japan would not stop growth in the world economy.
Buffett in South Korea on Monday said Berkshire Hathaway, which at the year-end was sitting on $38 billion of cash equivalents and last week bought US specialty chemicals maker Lubrizol for $9 billion, was looking for more large-scale acquisitions anywhere in the world.
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