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GeM Crosses ₹15 Lakh Crore in Cumulative Procurement Value

Officials cast the milestone as validation of a push for more inclusive, transparent public procurement.

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Overview

  • The commerce ministry announced that the government’s e‑procurement platform has exceeded ₹15 trillion in lifetime GMV since its 2016 launch.
  • GeM CEO Mihir Kumar said the achievement reflects stakeholder trust and outlined priorities to deepen inclusivity, simplify processes and drive innovation.
  • The ministry said the portal embeds technology to lower entry barriers while improving efficiency, accountability and transparency in purchasing.
  • Women entrepreneurs account for 8% of the seller base, including 177,786 Udyam‑verified women micro and small enterprises registered on the platform.
  • Experts note the system is increasingly used as a tool of governance reform that expands access for small suppliers and reshapes government–business interactions.