Two-wheeler segment to see strong sales growth: Sanjay Sinha, L&T Mutual Fund

Sanjay Sinha, CEO, L&T Mutual Fund , in a chat with ET Now talks about the two-wheeler stocks .

Would you be buying two-wheeler stocks?

Yes, because if you look at the large consumption aspiration that is still now resting with the Indian middle class, the first object of aspiration is a vehicle and the two wheeler segment is the play for that. The fact that we have very entrenched brands, the fact that we have very wide sales and distribution network already established, the incumbents players will continue to enjoy in advantage for some more time to come.

Also, the fact that we are just about beginning to wake up as consumers as far as Indians are concerned, you will have fairly strong sales growth happening in 2011 in the two wheeler segment and it is worth a play.

Source: http://economictimes.indiatimes.com/markets/stocks/views/recommendations/two-wheeler-segment-to-see-strong-sales-growth-sanjay-sinha-lt-mutual-fund/articleshow/7196442.cms