Must-reads from the week: Benefiting from China + 1 strategy, largecap stocks with potential and exporting India’s IT power

Our curated selection of 5 of our best stories this weekend.
The pandemic has altered the global textile and apparel (T&A) supply chain, with several apparel brands preferring more than one sourcing destination. The US-China trade war and the subsequent imposition of additional duties on Chinese T&A imports have accelerated US importers’ search for alternative sourcing destinations. Can India’s Arvind Ltd benefit from this shift?

Also, this week we tell you about 8 largecap stocks that show promise, why selecting the right fund manager for your NPS is absolutely vital and how Indian tech can help the world in using IT for popular welfare.

1. India, being one of the key textile and apparel (T&A) hubs, enjoys the advantage of cheap raw material availability and cheap labour. As the world looks to move away from China, can India and Indian businesses capitalise on the China Plus One strategy of multinationals? We look at one such company in the T&A space.
Can Arvind Ltd benefit from the China Plus One theme in the cotton textile industry?

2. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months. These are the 8 stocks with good prospects.
Largecap scrips with high upside potential

3. If you are not careful with fund manager selection in NPS and end up with a fund with a below-par performance, it can prevent you from getting the best return on your hard-earned money. It will also be difficult for you to do course correction if you are close to retirement. So, it is better to act now and take control of your NPS portfolio to get the best out of it.
Want 18% higher NPS retirement corpus? Fund manager selection is critical

4 Along with Aadhaar, the Unified Payments Interface (UPI) and the India Stack application programming interfaces (APIs) that enabled UPI, DigiLocker and much else, there's a lot India can offer the world in the use of IT for popular welfare.

The Indian expertise that can be a major form of foreign aid and soft power

5. Long-term capital gains from the transfer of equity shares (listed and non-listed) or from stake sales in a startup can be avoided under section 54F of the Income Tax Act, 1961, if the gains are invested in a residential property. This has led to startup founders actively looking to invest in a new house.
Startup founders buy super luxury homes to cut LTCG tax