Consumer sector continue to do very well: Srivastava

Consumer sector continue to do very well, says Ajay Srivastava, CEO of Dimensions Consulting.

Srivastava told CNBC-TV18, "If you look at the companies or rather I would put the companies in perspective, look at P&G, Hindustan Unilever, Colgate Palmolive of the world or even local Indian companies, which are there in this segment, the Dabur, Godrej Consumers; I think these are the companies, which are going to still gain in this market because government spending plan will continue to be very high in the market that they are in today." He further added, "These are too an large extent can pass on the cost and with a much larger base their economics are improving, these companies are definitely stand to gain given the fact that the government is very clear, going to spend more money in rural areas and these are the plays, which have done very well in the last year and will continue to do very well in this year as well no matter what happens to the market."