The China Plus One strategy has been playing out quietly for some time now. With Trump set to take over, it is likely he will reignite the tariff wars, further pushing China Plus One on the ground and back into the headlines. In the case of the textile industry, however, there is another factor that could bring it back into focus: The Union Budget. Take a look at old budget speeches. Every second year an attempt is made to push this industry. The reason: While textile is one word, it has many segments, each an industry in itself. The chances are that efforts to push the industry will continue in this budget as well. And when the sentiment of the street improves, these stocks could catch the fancy of investors.
