China Plus One Manufacturing

22 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, Information Technology, Automobile and Auto Components, Services

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.

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.

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.

UNIPARTS Uniparts India Limited Automobile and Auto Components
earnings transcript · 2023

CFM global players outside China solutions. oPreferred component supplier for manufacturer of <70 HP Tractors. ConceptualisationDesignPrototypingTesting. Development &. Assembly. Customised &. Packaging. . CFM global players outside China. Passion. Innovation. Integrity. Excellence. Team Work. 15. Global Delivery Model De-Risks Clients’ Supply Chain. Reduced. Supply Chain Uncertainty. Timely.

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.

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.

ELIN Elin Electronics Limited Consumer Durables
investor presentation · 2025

Are the. brands are really moving to companies like us for contract manufacturing and what is the. response that we have seen in last 2-3 months, whether larger brands are coming forward for. contract manufacturing to us and how this particular thing is going to move. manufacturing and what is the. response that we have seen in last 2-3 months, whether larger brands are coming forward for.

PGIL Pearl Global Industries Limited Textiles
investor presentation · 2025

Now, I think that number will grow significantly, because we had a 10% to 12% extra duty that. our goods have been paying as it was entering into U.K. So that definitely for the retailers or the. brands, it was not a good proposition to import out of India. e we had a 10% to 12% extra duty that. our goods have been paying as it was entering into U.K. So that definitely for the retailers or the.

INSECTICID Insecticides (India) Limited Chemicals
investor presentation · 2023

Rajesh Aggarwal: Actually, everything is going into the market, but Chinese price, if there is a major fall in China,. it do impact because everybody starts looking at the Chinese prices. So today since the China is. the key raw material supplier to India and to the world also. So everybody is looking at the. Chinese prices. rybody starts looking at the Chinese prices. So today since the China is.

GOKEX Gokaldas Exports Limited Textiles
earnings transcript · 2024

Sivaramakrishnan G: Okay. Great question. Thank you Gautam. The China plus 1 is playing out more and more. I. spent a lot of time with customers in the last 15, 20 days. hat?. Sivaramakrishnan G: Okay. Great question. Thank you Gautam. The China plus 1 is playing out more and more. I. spent a lot of time with customers in the last 15, 20 days. And across the board, everyone is.

AEQUS Aequs Limited Capital Goods
investor presentation · 2026

Hydraulic Press – 400T. ▪Plastic Molding - Our integrated molding facility has. –161 Molding Machines with capacity between 80T to 450T (as of Dec 2025). –7 Blow molding machines with capacity between 1L to 15L (as of Dec 2025). –1.54 Mn annual machining hours (FY26) for Molding Machines. –46 assembly lines (as of Dec 2025). ▪Machining capabilities.

PDSL PDS Limited Textiles
investor presentation · 2025

Competitive labor cost making it. cost-effective for apparel. production. 02. 03. 04. 01. Apparel Manufacturing Ecosystem in India. . ~20,000 apparel. manufacturing units with skilled. workforce. . 15-20% of which is export. focused. Source: Media articles tive for apparel. production. 02. 03. 04. 01. Apparel Manufacturing Ecosystem in India. . ~20,000 apparel. manufacturing units with skilled.

FAZE3Q Faze Three Limited Textiles
investor presentation · 2024

The Company’sproducts largely positioned in the band at $10-25$ per piece. / per setband for sale byretailerswhichempirically have not seen significant reduction in demand in tough times. r two years. The Company’sproducts largely positioned in the band at $10-25$ per piece. / per setband for sale byretailerswhichempirically have not seen significant reduction in demand in tough times.

SUPRAJIT Suprajit Engineering Limited Automobile and Auto Components
investor presentation · 2023

And going forward,. we see more of those projects filtering into the bottom line, and hopefully with some tailwinds. from the economy, we will start seeing better margins. On the purchasing side, we have done a. lot of good projects already. projects filtering into the bottom line, and hopefully with some tailwinds. from the economy, we will start seeing better margins.

SCHAEFFLER Schaeffler India Limited Automobile and Auto Components
earnings transcript · 2024

Participant : When I say versus China meaning – Schaeffler’s China or manufacturing because then you're comparing cost. structures like to like?. Hardevi Vazirani: Volumes that play are totally different in China. say versus China meaning – Schaeffler’s China or manufacturing because then you're comparing cost. structures like to like?.

SHYAMMETL Shyam Metalics and Energy Limited Metals & Mining
investor presentation · 2025

Steel producers will prioritize import substitution and push value-added domestic production. to reduce dependence on global pricing volatility. India becomes a demand-led fortress, similar to how China was in the 2000s ll prioritize import substitution and push value-added domestic production. to reduce dependence on global pricing volatility.

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