India, Oct. 25 -- Odisha aims to increase its urbanisation rate from the current 17% to 40% and transform itself into a $500-billion economy by 2036, Chief Minister Mohan Charan Majhi said on Saturday.

Inaugurating the second National Urban Conclave 2026, Majhi said the state was investing in modern urban infrastructure as it prepares to mark 100 years since its formation in 2036.

The chief minister also flagged off 26 electric buses under the PM e-Bus Sewa Yojana during the event, held alongside the 19th Urban Mobility India Conference and Expo 2026. He emphasised the need for sustainable urban transport and improved public connectivity.

The state plans to introduce 400 electric buses, along with 100 midi buses and 50 minibuses, under...