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Corporate Update

Arvind Advanced Materials Enters US Technical Textile Market Through Dalco-GFT Acquisition

• By  Textile Excellence
• May 07, 2026

Arvind Limited has strengthened its global technical textile ambitions through the acquisition of a nearly 61% controlling stake in US-based Dalco-GFT, a specialised nonwoven manufacturer operating in North and South Carolina. The US$136 million deal gives Arvind Advanced Materials access to the world’s largest technical textile market valued at nearly US$2.5 billion.

Dalco-GFT reported nearly US$100 million revenue in CY25, alongside a strong 17% EBITDA margin and 40% ROCE. The company manufactures needle punched nonwoven fabrics used across automotive, industrial, construction and furniture applications. Arvind expects the acquisition to accelerate growth through technology integration, cross sourcing and deeper customer penetration across 75 active accounts.

India’s technical textile market is projected to cross US$40 billion by 2030, supported by rising industrial demand and government backed PLI investments. The transaction also strengthens Arvind’s position in filtration, composites and industrial applications across global supply chains.

India’s technical textile market is projected to cross US$40 billion by 2030, supported by rising industrial demand and government backed PLI investments. The transaction also strengthens Arvind’s position in filtration, composites and industrial applications across global supply chains.