Government e-Marketplace (GeM) has emerged as one of the World’s largest and most efficient public e-procurement platforms, setting new benchmarks in accessibility and affordability. The Chief Executive Officer of GeM, Mihir Kumar said this while addressing a press conference in New Delhi on the occasion of 8th incorporation Day of GeM. Mr. Kumar added that GeM’s has on boarded over 10 lakh Micro, Small, and Medium Enterprises, 1.3 lakh artisans and weavers, 1.84 lakh women entrepreneurs and 31 thousand startups. He said, in just 8 years, the GeM has emerged as a transformative force in public procurement, scaling unprecedented heights in both volume and value and has evolved into a robust digital ecosystem.
The CEO further asserted that the platform currently boasts over 1.64 lakh primary buyers and 4.2 lakh active sellers and offers more than 10 thousand product categories and more than 330 services. He informed that 97 percent of all transactions on GeM are now free of any transaction charges. GeM has been adopted across all 36 States and Union Territories.
