Government e Marketplace

Meghalaya transforms its procurement strategy. Through GeM, the State has made maximum purchases in Classroom Desking/Seating. Government e Marketplace (GeM) is a 100 percent Government owned & National Public Procurement Portal. GeM is dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs. 

  Coal India continues to set new benchmarks! In FY 2022-23, Coal India Limited reached an amazing Gross Merchandise Value (GMV) of ₹4287 Crore, a significant increase from ₹3350 Crore in FY21-22!  Government e Marketplace (GeM)  is a 100 percent Government owned & National Public Procurement Portal. GeM is dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs.

Since its inception in 2016 by the Indian Government, Government e-Marketplace witnessed various milestones and success stories. It has completely transformed the trading and procurement structure in India bringing all the businesses be it small, medium, or large on the same platform, thus creating a healthy, competitive, and equal market atmosphere. The GeM platform was created by the Indian Government to conduct trade and business free from any type of corruption and by following utmost transparency and efficiency. The platform provides a wide range of products that are quality checked. It is a part of India’s Digital India initiative aimed towards making India a digital powerhouse on the global stage and harnessing technology for inclusive growth and good governance. Various benefits and features make GeM different from other procurement platforms: ·        GeM has simplified the whole procurement procedure and is very user-friendly. It has ma...

The Indian economy which was earlier based on the foundation of Heavy Industries, Railways, and Domestic Manufacturing Hubs is seeing a huge transformation in this era of Digitalization and Technological Advancement. Government e-Marketplace ( GeM) is a revolution in the digital procurement and trading space. Launched by the Indian Government in 2016 as a part of the Digital India campaign it continues to work in the direction of making GeM a one-stop destination for online procurement and trading. Traditionally procurement and trade which involved government agencies was dominated by large businesses and industries which usually overshadowed medium and small businesses. But with the coming of GeM, MSMEs got a chance to showcase their talent, products, and services to the buyer. GeM brought every business on the same platform and promoted equality and healthy competition among them through its fully automated bidding system. It also allows bulk ordering and aggregation on demand...