China Plus One Manufacturing

20 companies Updated 24 Mar 2026

Companies benefiting from the global supply chain shift away from China, gaining manufacturing orders and export growth.

Sectors represented: Capital Goods, Automobile and Auto Components, Chemicals, Information Technology

Companies with exposure to china plus one manufacturing

JYOTICNC

Jyoti CNC Automation Limited

Capital Goods
annual report · 2024

Global Industrial Production. was $ 21.0 trillion in 2022. Global industrial production. passing through volatile situations and the same will help. countries like India to increase their Industrial Production. and Exports. Indian Economy trillion in 2022. Global industrial production. passing through volatile situations and the same will help.

UNIPARTS

Uniparts India Limited

Automobile and Auto Components
annual report · 2026

The construction. and off-highway economy is. navigating both; the decade ahead. will reward companies positioned. at the intersection of the two. (Source: globenewswire.com,. constructionconnect.com, pv-magazine. com, mordorintelligence.com,. tractorrevolution.com). Global supply chain. reconfiguration: From itioned. at the intersection of the two. (Source: globenewswire.com,.

PODDARMENT

Poddar Pigments Limited

Chemicals
annual report · 2026

Complementary Atmanirbhar Bharat initiatives. extend into strategic sectors such as semiconductors (the Rs. 1,27,500. crore Semicon 2.0 Mission approved in July 2026) and critical raw. materials, reinforcing a broader policy thrust toward reducing import. dependence across value chains. emiconductors (the Rs. 1,27,500. crore Semicon 2.0 Mission approved in July 2026) and critical raw.

PANACHE

Panache Digilife Limited

Information Technology
investor presentation · 2026

Development of intelligent, connected,. and data-driven devices. Strengthening partnerships with global. and Indian brands. Supporting “Make in India” initiatives for. domestic and export markets. 03. 04. 05. OEM / ODM & Design-Led. Manufacturing ,. and data-driven devices. Strengthening partnerships with global. and Indian brands. Supporting “Make in India” initiatives for.

STEELCAS

Steelcast Limited

Capital Goods
annual report · 2023

The Chinese-origin Covid-19. virus forced global lockdowns,. suspending businesses. abruptly and indefinitely. This made companies across. the globe to look for suitable. alternative to deleverage their . The Chinese-origin Covid-19. virus forced global lockdowns,. suspending businesses. abruptly and indefinitely. This made companies across. the globe to look for suitable.

DIVGIITTS

Divgi Torqtransfer Systems Limited

Automobile and Auto Components
earnings transcript · 2025

India will come to some kind of a reasonable settlement and we will try and continue the 2.5%. import duty regime that was applicable on Indian exports. But you have to consider the fact that we've done our research and it appears that India will. continue to enjoy at least a 25% import duty advantage over China. n exports.

UDS Updater Services Limited Services
annual report · 2023

The top. seven cities added 2.6 million sq ft of mall space in. 2022, 27% more than in 2021 (Source: F&S Report). ƒIndustrialisation: India’s competitive manufacturing. segment is driving the adoption of industrialisation. Growth in exports, import substitution, increasing. internal demand and penetration of contract : India’s competitive manufacturing.

MALLCOM Mallcom (India) Limited Capital Goods
annual report · 2023

Two, even if they did. decide to shift, there is no country that can. service the size of their needs and possibly. not around the price-value proposition. provided by China. nlikely. to switch overnight. Two, even if they did. decide to shift, there is no country that can. service the size of their needs and possibly. not around the price-value proposition. provided by China.

MFML Mahalaxmi Fabric Mills Limited Textiles
annual report · 2026

However, the global 'China Plus One' strategy—where brands seek to diversify their manufacturing base beyond China—offers a. timely opportunity for India to expand its share in global textile and apparel exports. global 'China Plus One' strategy—where brands seek to diversify their manufacturing base beyond China—offers a.

NITINSPIN Nitin Spinners Limited Textiles
annual report · 2023

However, there has been a recent cooling down of cotton. prices by approximately 45% from their peak of Rs 1.1 lakh,. and the disparity between international and domestic. prices has also significantly diminished. Opportunities. China plus one strategy s by approximately 45% from their peak of Rs 1.1 lakh,. and the disparity between international and domestic.

TIMKEN Timken India Limited Capital Goods
investor presentation · 2024

Timken Company has footprints in China and we are a North American-owned majority stake. company, so all said and done, Americans are looking at China Plus One seriously. So, risk. mitigation of global supply chains are heavily involved, but these supply chains are very much. dependent on China and this is a huge work. Americans are looking at China Plus One seriously. So, risk.

GOKEX Gokaldas Exports Limited Textiles
annual report · 2026

In the United Kingdom, the apparel import market has contracted following Brexit, with sourcing consolidating. towards low-cost suppliers led by Bangladesh, while India holds about 6%. Looking beyond 2025, the global apparel market size, valued. at about US$1.9 trillion in 2025, is projected to grow at about. 4% CAGR through 2030 to roughly US$2.3 trillion. hile India holds about 6%.

SELLOWRAP Sellowrap Industries Limited Automobile and Auto Components
annual report · 2026

For global companies, this environment reinforced. the imperative of supply chain diversification and. the China Plus One strategy, creating a structural. and durable opportunity for Indian manufacturers. The global economy navigated a year of supply chain diversification and. the China Plus One strategy, creating a structural. and durable opportunity for Indian manufacturers.

HIMATSEIDE Himatsingka Seide Limited Textiles
annual report · 2026

The ongoing diversification of global supply chains. under the China+1 strategy presents a significant. opportunity for India. Global buyers increasingly. prefer sourcing partners capable of offering scale,. quality, compliance and end-to-end supply chain. visibility. ina+1 strategy presents a significant. opportunity for India. Global buyers increasingly.

VINATIORGA Vinati Organics Limited Chemicals
annual report · 2026

These initiatives are helping the country move beyond. basic import substitution towards deeper participation in. global value chains. are strengthening India’s production base. These initiatives are helping the country move beyond. basic import substitution towards deeper participation in. global value chains. The emphasis is increasingly on scale,.

NRVANDANA N R Vandana Tex Industries Limited Textiles
annual report · 2025

India has potential to become a global manufacturing hub and by 2030, it can add more than. US$ 500 billion annually to the global economy. d surpassing last year's total funding. of US$ 10.5 billion. India has potential to become a global manufacturing hub and by 2030, it can add more than. US$ 500 billion annually to the global economy. As per the economic survey reports, estimated.

CRAFTSMAN Craftsman Automation Limited Automobile and Auto Components
earnings transcript · 2025

Srinivasan Ravi: Powertrain, there was a lull for two, three years which I have been also vocally. communicating I would say. All the multinationals from Japan and Europe and US are. setting a base here with the eye for export and some have started to ramp up, some. are very slow in ramp up because they have shut down their plants in their respective. countries. d Europe and US are.

CYIENTDLM Cyient DLM Limited Capital Goods
annual report · 2026

China’s rising manufacturing cost. base accelerated OEM decisions. to diversify away from China. [10].. INR depreciation improved the. competitive pricing of Indian exports. denominated in USD. [17]. hile. China’s rising manufacturing cost. base accelerated OEM decisions. to diversify away from China. [10].. INR depreciation improved the. competitive pricing of Indian exports. denominated in USD.

RACLGEAR RACL Geartech Limited Automobile and Auto Components
investor presentation · 2026

And since now the cost is being checked by. moving their manufacturing plants to the east, which are mind you still owned. by them, just the location changes, they are seeing a huge demand now coming ince now the cost is being checked by. moving their manufacturing plants to the east, which are mind you still owned. by them, just the location changes, they are seeing a huge demand now coming.

DIXON Dixon Technologies (India) Limited Consumer Durables
annual report · 2024

This approach not only. enhances production efficiency, but also. reduces production and delivery times. Procurement from nearby locations. enables faster and assured delivery. and ensures hassle-free coordination. throughout the production process. Response but also. reduces production and delivery times. Procurement from nearby locations. enables faster and assured delivery.

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