Textile sector: A challenge for policymakers and opportunity for risk takers: 7 stock from textile space with an upside potential of up to 29%

There are sectors which under perform for years and then they come back to focus. If one looks at the last three years, the list of such sectors has been growing at a faster pace as they make a comeback. Be it power, real estate or even to some extent pharmaceutical. But there is one sector which has made a comeback of sorts, however there is much more scope for improvement in it. This improvement would not only be important from the perspective of the stock market but from the real economy and job creation. But the fact is that it is not easy to have sustained turn around because of one simple reason, the operating matrix is not only local but global. Probably it is the biggest challenge for the government to help in sustainable turnaround and biggest opportunity for risk takers because a sustainable turnaround always gives birth to multibagger.