Current Affairs - State - Discussion

Odisha has made a major move to revamp its textile and apparel industry by signing 33 Memorandums of Understanding (MoUs) totalling $902 million during the Odisha-TEX 2025 summit held in Bhubaneswar. This initiative, under the Odisha Apparel & Technical Textile Policy 2022, is designed to position the state as the textile hub of eastern India. The agreements involve over 160 companies and aim to generate more than one lakh jobs by 2030. Additionally, the state plans to develop textile clusters across six districts, ensuring regional industrial development and promoting inclusive economic growth across Odisha.