March 18, 2025 11:36 AM

Government e marketplace surpasses Rs.5 lakh crore GMV ahead of FY 2024-25 year-end

The Government e-Marketplace (GeM) has reached a significant milestone by crossing Rs.5 lakh crore in Gross Merchandise Value (GMV), just weeks before the financial year 2024-25 concludes. This achievement underscores GeM’s rapid growth as a key platform for public procurement, benefiting over 1.6 lakh government entities across India. According to a statement from the Ministry of Commerce & Industry on Monday, the platform's growth has been particularly impressive, with the leap from Rs....