June 9, 2026 3:04 PM

GeM Procurement from MSEs Crosses Rs 8.69 Lakh Crore; Registered Units Rise to 11.9 Lakh

The Government e Marketplace (GeM) has recorded procurement worth more than ₹8.69 lakh crore from micro and small enterprises (MSEs), while the number of registered MSEs on the platform has increased to over 11.9 lakh from 2,396 in 2016-17, according to the Ministry of Commerce and Industry. The number of orders placed through the platform has also risen from 2,994 to more than 2.17 crore during the same period. Launched on August 9, 2016, GeM was conceived as a governance reform aimed at tr...

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...