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Indorama Ventures Public Company Limited (IVL), a leading chemical producer, has entered into an agreement to acquire Durafibre Technologies México Operations, S. A. DE C. V. (DFT), a leading Mexican producer of durable technical textiles.

Foreign direct investment (FDI) in textile sector more than doubled to $618.95 million during 2016-17 from $230.13 million in the previous fiscal, Parliament was informed recently.