New Delhi, August 25: Government e Marketplace (GeM) has crossed a historic milestone of ₹15 Lakh Crore in cumulative Gross Merchandise Value (GMV) since its inception in 2016.
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. Over the past nine years, GeM has evolved into a robust digital platform, bringing together government buyers and a diverse community of sellers, including Micro and Small Enterprises (MSEs), startups, women-led businesses, SC/ST Enterprises and Self-Help Groups (SHGs).
On this occasion, Shri Mihir Kumar, CEO, GeM, said: “Crossing the ₹15 Lakh Crore GMV milestone is a testimony to the trust our stakeholders have placed in GeM. This success belongs to the lakhs of sellers and buyers who have transformed the way public procurement is carried out in India. Our focus will continue to be on deepening inclusivity, simplifying processes and fostering innovation so that opportunities reach every corner of the country. Together, we are building a transparent, accountable and digitally empowered procurement ecosystem aligned with the vision of Viksit Bharat.”
Each transaction on GeM reflects more than procurement; it signifies efficiency, accountability and empowerment. By simplifying processes, reducing entry barriers and embedding transparency through policy and technology, GeM has enabled opportunities to reach the last mile while fostering entrepreneurship, innovation, and equitable growth.
Key highlights of GeM’s journey include:
Expanding access to government procurement for lakhs of sellers from varied sectors.
Strengthening participation of MSEs, women entrepreneurs and startups.
Ensuring transparency and accountability in every stage of procurement.
Driving digital adoption in governance in line with the vision of Digital India.
This milestone belongs to the community of users, buyers, sellers, policymakers, and administrators, who have made GeM a true enabler of change. It reinforces GeM’s role as a vital instrument in shaping a digitally empowered, transparent, and inclusive economy, contributing to the larger vision of Viksit Bharat.
As GeM looks ahead, its focus remains on deepening inclusivity, strengthening innovation, and sustaining efficiency to further transform public procurement in India.
