{"id":36512,"date":"2025-08-02T09:34:43","date_gmt":"2025-08-02T04:04:43","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=36512"},"modified":"2025-08-02T09:34:45","modified_gmt":"2025-08-02T04:04:45","slug":"odisha-textile-investment","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/","title":{"rendered":"Odisha Textile Investment: \u20b97,200 Crore MoUs Signed for 35,000 Jobs | Skill Conclave 2025 Update"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Odisha_signs_33_MoUs_worth_%E2%82%B97200_crore_in_the_textile_sector_at_Skill_Conclave_2025_creating_35000_jobs_Know_how_this_aligns_with_PM_MITRA_Skill_India%E2%80%94important_for_UPSC_PSC_SSC_and_banking_exams\" >Odisha signs 33 MoUs worth \u20b97,200 crore in the textile sector at Skill Conclave 2025, creating 35,000 jobs. Know how this aligns with PM MITRA &amp; Skill India\u2014important for UPSC, PSC, SSC, and banking exams.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Odisha_Attracts_902_Million_Investment_in_Textile_Sector_through_33_MoUs\" >Odisha Attracts $902 Million Investment in Textile Sector through 33 MoUs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Major_Boost_for_Textile_Sector_in_Odisha\" >Major Boost for Textile Sector in Odisha<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Focus_on_Skill_Development_and_Employment_Generation\" >Focus on Skill Development and Employment Generation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Major_Companies_and_Sectors_Involved\" >Major Companies and Sectors Involved<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Alignment_with_National_Schemes_and_Policies\" >Alignment with National Schemes and Policies<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Why_This_News_Is_Important\" >Why This News Is Important<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Strong_Implications_for_Government_Exam_Aspirants\" >Strong Implications for Government Exam Aspirants<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Odishas_Emerging_Role_in_Indias_Industrial_Map\" >Odisha\u2019s Emerging Role in India\u2019s Industrial Map<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Historical_Context_Odishas_Journey_in_Industrial_Growth\" >Historical Context: Odisha\u2019s Journey in Industrial Growth<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#From_Mines_to_Manufacturing\" >From Mines to Manufacturing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Previous_Textile_Initiatives\" >Previous Textile Initiatives<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Key_Takeaways_from_%E2%80%9COdisha_Textile_Investment_Initiative%E2%80%9D\" >Key Takeaways from &#8220;Odisha Textile Investment Initiative&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Frequently_Asked_Questions_FAQs\" >Frequently Asked Questions (FAQs)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/agreements\/odisha-textile-investment\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Odisha_signs_33_MoUs_worth_%E2%82%B97200_crore_in_the_textile_sector_at_Skill_Conclave_2025_creating_35000_jobs_Know_how_this_aligns_with_PM_MITRA_Skill_India%E2%80%94important_for_UPSC_PSC_SSC_and_banking_exams\"><\/span>Odisha signs 33 MoUs worth \u20b97,200 crore in the textile sector at Skill Conclave 2025, creating 35,000 jobs. Know how this aligns with PM MITRA &amp; Skill India\u2014important for UPSC, PSC, SSC, and banking exams.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Odisha_Attracts_902_Million_Investment_in_Textile_Sector_through_33_MoUs\"><\/span>Odisha Attracts $902 Million Investment in Textile Sector through 33 MoUs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Major_Boost_for_Textile_Sector_in_Odisha\"><\/span>Major Boost for Textile Sector in Odisha<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Odisha Government has signed <strong>33 Memoranda of Understanding (MoUs)<\/strong> with various companies to bring in investments worth <strong>\u20b97,200 crore (approximately $902 million)<\/strong> into the state\u2019s <strong>textile and apparel industry<\/strong>. This significant development took place at the <strong>Odisha Skill Conclave 2025<\/strong>, aimed at expanding industrial and employment opportunities across the state. These agreements are expected to <strong>generate more than 35,000 jobs<\/strong>, giving a major push to the regional economy and the textile ecosystem.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Focus_on_Skill_Development_and_Employment_Generation\"><\/span>Focus on Skill Development and Employment Generation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Odisha government has strategically linked the textile investment drive with <strong>skill development programs<\/strong> in collaboration with international institutions. By integrating textile parks with skill centres, the state plans to build a pipeline of trained professionals. This approach aligns with the <strong>Make in Odisha<\/strong> initiative, which focuses on preparing the workforce for industry-specific needs. The emphasis on skilling will particularly benefit candidates preparing for <strong>government sector jobs<\/strong> in textile-related departments and rural employment schemes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Major_Companies_and_Sectors_Involved\"><\/span>Major Companies and Sectors Involved<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The MoUs were signed with <strong>leading companies in textile, garment, and technical textile segments<\/strong>, including Aditya Birla Fashion, Shahi Exports, and Page Industries. Many of these companies are expected to set up production and training units in areas such as <strong>Berhampur, Bhubaneswar, and Balasore<\/strong>. The government&#8217;s support through single-window clearances, subsidised land, and tax incentives adds to Odisha\u2019s attractiveness as an investment destination in the eastern corridor.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Alignment_with_National_Schemes_and_Policies\"><\/span>Alignment with National Schemes and Policies<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This investment initiative is well-aligned with national programs like <strong>PM MITRA (Mega Integrated Textile Region and Apparel)<\/strong> and <strong>Atmanirbhar Bharat<\/strong>, which promote domestic manufacturing and reduce dependence on imports. The move will also complement the <strong>Skill India Mission<\/strong>, helping aspirants from Tier 2 and Tier 3 cities to get access to job-ready training. For candidates preparing for government exams in industrial promotion, economic development, and textiles, this initiative is a noteworthy policy success.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\" id=\"Odisha-Textile-Investment\"><img decoding=\"async\" src=\"https:\/\/img-cdn.publive.online\/fit-in\/853x480\/filters:format(webp)\/sambad-english\/media\/media_files\/2025\/07\/25\/cm-2025-07-25-17-50-20.jpg\" alt=\"Odisha Textile Investment\" title=\"Odisha Textile Investment\"\/><figcaption class=\"wp-element-caption\">Odisha Textile Investment<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_Is_Important\"><\/span>Why This News Is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strong_Implications_for_Government_Exam_Aspirants\"><\/span>Strong Implications for Government Exam Aspirants<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This news is particularly relevant for aspirants preparing for <strong>Civil Services (IAS, PCS), Banking, SSC, Railways, and Teaching Exams<\/strong>, as it intersects with key exam subjects like Indian Economy, Industrial Policy, and Skill Development. Questions from current affairs often focus on <strong>state-level investment initiatives<\/strong>, especially when linked to national flagship programs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Odishas_Emerging_Role_in_Indias_Industrial_Map\"><\/span>Odisha\u2019s Emerging Role in India\u2019s Industrial Map<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Odisha, traditionally known for mining and metal industries, is now emerging as a <strong>hub for textile and garment production<\/strong>. The \u20b97,200 crore investment highlights a <strong>diversified growth model<\/strong>, a point frequently tested in <strong>mains answer writing<\/strong> and interviews. Candidates preparing for <strong>Odisha State Services, OPSC, OSSC, and OSSSC<\/strong> exams should pay close attention to this strategic shift.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context_Odishas_Journey_in_Industrial_Growth\"><\/span>Historical Context: Odisha\u2019s Journey in Industrial Growth<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"From_Mines_to_Manufacturing\"><\/span>From Mines to Manufacturing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Odisha has historically been associated with mineral resources and heavy industries, particularly in sectors like iron, steel, and aluminium. However, since 2017, the state has consciously attempted to diversify into <strong>labour-intensive sectors<\/strong> such as textiles and food processing. Initiatives like the <strong>Make in Odisha Conclave<\/strong>, launched in 2018, have facilitated industrial growth through policy reforms, industrial parks, and skill-linked employment schemes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Previous_Textile_Initiatives\"><\/span>Previous Textile Initiatives<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In 2019, the Odisha government had launched the <strong>Odisha Apparel and Technical Textiles Policy<\/strong>, offering capital incentives to textile units. This current investment of \u20b97,200 crore builds upon that foundation, reflecting continuity in governance and economic policy\u2014a key consideration for questions related to <strong>governance models and public administration<\/strong> in UPSC and state-level exams.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_%E2%80%9COdisha_Textile_Investment_Initiative%E2%80%9D\"><\/span>Key Takeaways from &#8220;Odisha Textile Investment Initiative&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>S. No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>Odisha signed 33 MoUs worth \u20b97,200 crore ($902 million) for textile sector investment.<\/td><\/tr><tr><td>2<\/td><td>The initiative is expected to create over 35,000 jobs across the state.<\/td><\/tr><tr><td>3<\/td><td>Companies like Aditya Birla Fashion and Shahi Exports are among the key investors.<\/td><\/tr><tr><td>4<\/td><td>The move aligns with central schemes like PM MITRA and Skill India Mission.<\/td><\/tr><tr><td>5<\/td><td>It signals Odisha\u2019s shift from mining-based economy to textile-driven industrial growth.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Odisha Textile Investment<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. What is the total investment amount committed through the MoUs signed by Odisha in the textile sector?<\/strong><br>The Odisha Government has signed MoUs worth \u20b97,200 crore ($902 million) in the textile sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. How many MoUs were signed during the Odisha Skill Conclave 2025?<\/strong><br>A total of 33 MoUs were signed during the conclave.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Which national schemes align with Odisha\u2019s textile investment plan?<\/strong><br>The initiative aligns with schemes like PM MITRA, Skill India Mission, and Atmanirbhar Bharat.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. How many jobs are expected to be generated from this investment?<\/strong><br>Over 35,000 direct and indirect jobs are expected to be created.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. Which companies are among the major investors in Odisha\u2019s textile sector?<\/strong><br>Companies like Aditya Birla Fashion, Shahi Exports, and Page Industries are key investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6. Why is this investment important for aspirants of competitive exams?<\/strong><br>This development connects topics from economy, employment generation, state industrial policy, and national schemes\u2014common in exams like UPSC, SSC, banking, and state PSCs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7. What is the significance of Odisha in India\u2019s textile landscape?<\/strong><br>Odisha is emerging as a key player in eastern India\u2019s textile production hub, diversifying from its traditional mining economy<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" 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768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Odisha signs 33 MoUs worth \u20b97,200 crore in the textile sector at Skill Conclave 2025, creating 35,000 jobs. Know how this aligns with PM MITRA &amp; Skill India\u2014important for UPSC, PSC, SSC, and banking exams. Odisha Attracts $902 Million Investment in Textile Sector through 33 MoUs Major Boost for Textile Sector in Odisha The Odisha&#8230;<\/p>\n","protected":false},"author":6,"featured_media":36541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[137,67],"tags":[5002,3941,25862,25858,25860,25861,25859],"class_list":["post-36512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agreements","category-odisha","tag-government-job-preparation","tag-industrial-development","tag-make-in-odisha","tag-odisha-current-affairs","tag-pm-mitra","tag-skill-india-mission","tag-textile-sector-investments"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/36512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=36512"}],"version-history":[{"count":2,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/36512\/revisions"}],"predecessor-version":[{"id":36542,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/36512\/revisions\/36542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/36541"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=36512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=36512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=36512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}