GeM Crosses ₹15 Trillion in Cumulative Procurement Value Since Its Inception in 2016

GeM Achieves ₹15 Lakh Crore GMV, Redefining Public Procurement

By embedding accountability and reducing bureaucratic hurdles, GeM has become a trusted platform that fosters ease of doing business, promotes competition, and ensures value for taxpayer money.

GeM crosses ₹15 trillion in cumulative procurement value since its inception in 2016

The platform, which was launched to enhance transparency and efficiency in purchases of goods and services by government departments and organisations, has now emerged as a central pillar of India’s procurement ecosystem, increasingly relied upon by both government buyers and small sellers.

GeM crosses Rs 15 Lakh Crore milestone in cumulative Gross Merchandise Value - The Statesman

This achievement underlines the trust and confidence of buyers and sellers across India in GeM’s vision of creating a transparent, efficient, and inclusive public procurement ecosystem, the Ministry of Commerce & Industry said in a statement on Monday.

GeM crosses Rs. 15 lakh crore milestone in public procurement - The Tribune

Government e Marketplace (GeM) has crossed a historic milestone of Rs. 15 lakh crore in cumulative Gross Merchandise Value (GMV) since its launch in 2016, marking a major leap in India's public procurement landscape. The information was shared through a press release issued by the Ministry of Commerce & Industry.

GeM crosses Rs. 15 lakh crore milestone in public procurement - ChiniMandi

New Delhi [India]: Government e Marketplace (GeM) has crossed a historic milestone of Rs. 15 lakh crore in cumulative Gross Merchandise Value (GMV) since its launch in 2016, marking a significant leap in India’s public procurement landscape. The information was shared through a press release issued by the Ministry of Commerce & Industry. The digital marketplace, created to make public procurement more transparent and efficient, has become one of…

New Milestone For Government e-Marketplace As GMV Surpasses Rs 15 Lakh Crore

In a first since its inception, the Government e Marketplace has crossed a milestone of Rs 15 lakh crore in cumulative gross merchandise value, as per a media release on PIB. GeM is a digital platform for government buyers and a diverse community of sellers, including micro and small enterprises, startups, women-led businesses, SC/ST enterprises and self-help groups.GeM Chief Executive Officer Mihir Kumar said that surpassing this milestone is a…