China Plus One Manufacturing

24 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, Textiles, Consumer Durables, Chemicals

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.

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.

MALLCOM

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.

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.

AARTIIND

Aarti Industries Limited

Chemicals
annual report · 2023

However, upon taking. up the reforms journey and aligning with the global practices,. transformation journey on environmental front (restrictions),. labour reforms, etc. led to China’s chemical industry going. through a consolidation and restructuring. ligning with the global practices,. transformation journey on environmental front (restrictions),. labour reforms, etc.

SHAILY Shaily Engineering Plastics Limited Capital Goods
annual report · 2024

While urban India continues to sustain. the consumption of a range of consumer. products, nearly two-thirds of the Indian. population (rural and semi-urban) is. emerging as a potent consumer base. 24-25. While urban India continues to sustain. the consumption of a range of consumer. products, nearly two-thirds of the Indian. population (rural and semi-urban) is. emerging as a potent consumer base.

SADHNANIQ Sadhana Nitrochem Limited Chemicals
annual report · 2025

While our backward integration allows us the ability to continue production and sales, our margins have. significantly been affected. th several Chinese manufacturers dropping prices. to all-time lows. While our backward integration allows us the ability to continue production and sales, our margins have. significantly been affected.

CARRARO Carraro India Limited Automobile and Auto Components
annual report · 2025

Electrification, digital integration, autonomous systems, and. sustainability targets are re-shaping how OEMs design, build,. and source components. In this environment, companies that. oer agility, localisation, and product innovation are emerging. as preferred partners. bility targets are re-shaping how OEMs design, build,. and source components. In this environment, companies that.

ELIN Elin Electronics Limited Consumer Durables
annual report · 2024

EMS, which includes the designing, manufacturing, testing,. distribution, and servicing electronic components and. assemblies for OEMs, is expected to record a CAGR of 32%. over the next five years. This growth rate is significantly. higher than that of the global market and would reach. USD 80 Billion by 2026. es for OEMs, is expected to record a CAGR of 32%. over the next five years.

CENTURYPLY Century Plyboards (India) Limited Consumer Durables
annual report · 2024

What makes me. particularly optimistic of the prospects. of wood panel manufacturers and brands. is the vast gap between the consumption. numbers of India and China. owing demand. for wood panel products. What makes me. particularly optimistic of the prospects. of wood panel manufacturers and brands. is the vast gap between the consumption. numbers of India and China. Even as India’s.

ZODIACLOTH
annual report · 2024

For Zodiac, which has already made strides. in sustainability through initiatives such as GOTS-certified. organic cotton and water-positive manufacturing facilities,. among others, this shift presents a unique opportunity to. further differentiate our offerings and capture market share. maNagEmENT diSCuSSiON aNd aNaLySiS -positive manufacturing facilities,.

TCIEXP TCI Express Limited Services
annual report · 2023

Statutory ReportsMD&A and Financial ReviewFinancial Statements. 1.2.4) Growth Drivers for Indian Logistics Industry:. India's Manufacturing Sector Gears Up for Growth. The Indian manufacturing industry is transforming to. increase reliability and resilience by setting up more. locations. ogistics Industry:. India's Manufacturing Sector Gears Up for Growth.

HNDFDS Hindustan Foods Limited Fast Moving Consumer Goods
annual report · 2024

These manufacturers are experts in their. fields, possessing the relevant capabilities and efficient. manufacturing processes needed for successful product. development. hey may lack. These manufacturers are experts in their. fields, possessing the relevant capabilities and efficient. manufacturing processes needed for successful product. development. When sourcing new products, a reliable.

ABB ABB India Limited Capital Goods
annual report · 2024

The. large domestic consumption base and rapid. growth are expected to lead to real growth in. consumption spending of about US$ 1.7 trillion. during the period of 2019-2030 which would he next 10 years. The. large domestic consumption base and rapid. growth are expected to lead to real growth in. consumption spending of about US$ 1.7 trillion. during the period of 2019-2030 which would.

CGPOWER CG Power and Industrial Solutions Limited Capital Goods
annual report · 2023

Incentive ("PLI") scheme and a sharp focus on. improved ratings on ease of doing business are. all set to attract not only global manufacturing but. also manufacturing investments in the country. Geo-political stability, world-leading economic. growth, substantial domestic demand. and growth aspiration and appetite aptly.

HAPPYFORGE Happy Forgings Limited Capital Goods
annual report · 2024

Components such. as pistons, engine valves, carburettors, fuel injection systems,. camshafts, connecting rods, and rocker arms are crucial. elements within the engine component segment. ganised segment. Components such. as pistons, engine valves, carburettors, fuel injection systems,. camshafts, connecting rods, and rocker arms are crucial. elements within the engine component segment.

GMMPFAUDLR GMM Pfaudler Limited Capital Goods
annual report · 2025

GMM Pfaudler is actively. developing green and. ESG-friendly glass-lined. equipment materials,. replacing heavy metals. with more sustainable. alternatives. ing production from. China to India. This trend. . GMM Pfaudler is actively. developing green and. ESG-friendly glass-lined. equipment materials,. replacing heavy metals. with more sustainable. alternatives. The. company is also exploring.

EUROBOND Euro Panel Products Limited Metals & Mining
annual report · 2023

The Indian manufacturing. industry is diversified and. includes various sectors such as. building materials, automobiles,. textiles, pharmaceuticals,. chemicals, and electronics,. among others. owth. story. The Indian manufacturing. industry is diversified and. includes various sectors such as. building materials, automobiles,. textiles, pharmaceuticals,. chemicals, and electronics,. among others.

COHANCE Cohance Lifesciences Limited Healthcare
annual report · 2024

The commitment to quality instils trust and. confidence in global pharmaceutical firms. 3) Indian CDMO companies provide higher. scalability and flexibility in manufacturing,. allowing multinational pharmaceutical. corporations to modify production. volumes in response to market demand. This facility allows global players to. align with the global demand dynamics. seamlessly.

AKUMS Akums Drugs and Pharmaceuticals Limited Healthcare
annual report · 2025

Along with this, there has been a significant rise. in private final consumption within the economy, accompanied by. a strong increase in adoption of e-commerce among individuals. The government’s focus on fostering a business-friendly. environment, particularly through increased foreign direct ng increase in adoption of e-commerce among individuals.

ELECON Elecon Engineering Company Limited Capital Goods
quarterly result · 2023

Elecon Stock Added in. MSCI India Domestic. Small Cap Index. Consolidated Order-Book. 9M FY23. As at Dec 31, 2022. In Rs. Cr. Order IntakeOpen Order. 1,023. 177. 1,200. 563. 157. 720. GEAR. MHE. TOTAL 2. Rs. 66 Cr. Elecon Stock Added in. MSCI India Domestic. Small Cap Index. Consolidated Order-Book. 9M FY23. As at Dec 31, 2022. In Rs. Cr. Order IntakeOpen Order. 1,023. 177. 1,200. 563. 157. 720.

JKPAPER JK Paper Limited Forest Materials
annual report · 2025

The Paperboard market is thriving. due to proliferation of digital commerce,. sustainability imperatives, technical. innovation, sectoral packaging needs,. and regulatory trends. Consumer and. regulatory pressure is driving a shift to. eco-friendly packaging. of digital commerce,. sustainability imperatives, technical. innovation, sectoral packaging needs,. and regulatory trends. Consumer and.

VEDL Vedanta Limited Metals & Mining
annual report · 2023

GoI has taken steps in this direction,. establishing bilateral trade relations through Free. Trade Agreements with Australia and UAE, vastly. expanding the market for domestic manufacturers. ent decade. GoI has taken steps in this direction,. establishing bilateral trade relations through Free. Trade Agreements with Australia and UAE, vastly. expanding the market for domestic manufacturers. The.

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