Gross Merchandise Value

April 6, 2026 5:29 PM

GeM crosses Rs 18.4 lakh crore GMV, strengthens India’s digital public procurement ecosystem

The Government e Marketplace (GeM) has achieved a cumulative Gross Merchandise Value (GMV) of ₹18.4 lakh crore, including surpassing ₹5 lakh crore in procurement during the financial year 2025–26, marking a significant milestone in India’s digital governance journey. The platform has emerged as a key enabler of transparent, efficient, and inclusive public procurement, facilitating seamless transactions between government buyers and sellers across the country. Officials said the mileston...

August 25, 2025 4:31 PM

GeM crosses ₹15 lakh crore milestone in cumulative GMV since launch

The Government e-Marketplace (GeM) has achieved a milestone by surpassing ₹15 lakh crore in cumulative Gross Merchandise Value (GMV) since its inception in 2016. The development highlights the growing trust 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, connecting government buyers with a wide range of sellers, including Micro and Sma...

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....