Arvind Advanced Materials Limited, a wholly owned subsidiary of Arvind , announced the acquisition of nearly 61 percent stake in Dalco-GFT, a U.S. manufacturer of needle-punched non-woven specialty fabrics.

The deal was valued at $136 million, according to statements released by the Naroda Road-headquartered group on Tuesday. The move itself comes as the textile-to-retail conglomerate works to leverage its supply chain and build resilience as global trade shifts. While the deal secures a “Made-in-USA” manufacturing base for Arvind as AAML integrates advanced needle-punch technology—not to mention helping the subsidiary avoid tariffs —it also opens the door to a $2.58 billion total addressable market (TAM) across several stateside technical textile segments.

“The acquisition of Dalco-GFT marks a transformational milestone in AAML’s growth journey,” said Punit Lalbhai , vice chairman of Arvind Ltd., in a statement, adding that the integrated solution provider expects the transaction to support annual growth…