One of them is opening an office there.
Across 71,460 words of management talk this quarter, “China+1” is said not once. Neither is reshoring, nearshoring or anti-dumping. The thesis that carries this sector’s valuation is not in the vocabulary of the people running it.
China does appear — 22 times, as a competitor, a supplier, and a destination.
“With an endeavour to expand our global footprints and be a step closer to the potential markets, we have planned to set up a subsidiary in China.” Suyog Kotecha, Executive Director & CEO · Aarti Industries · 31 July 2026
Aether says India imports most of its silicone from China. Deepak Nitrite says China “is largely self-sufficient”. SRF expects “pricing from China” to set the floor. The one mention of dumping comes from an analyst, not a manager.
A sector, read end to end, and the companies as they are published. Roughly monthly. Nothing else, and one click to stop.
Not advice. Quotes are from the companies’ own earnings calls; figures from their filings.