GeM conducting registration drive for Indian sellers at IITF
India's public procurement portal, GeM, is currently holding a registration drive at the India International Trade Fair to onboard more Indian sellers and service providers. The platform has facilitated over Rs. 3 lakh crore in government procurem...
The online portal was established with a clear objective to eliminate cumbersome and archaic manual public procurement processes that were riddled with inefficiencies and transparency-related issues.
GeM is onboarding the Indian sellers and service providers by conducting an extensive registration drive at its pavilion at the India International Trade Fair (IITF), the commerce ministry said.
The government's procurement through the portal has crossed Rs 3 lakh crore so far this financial year.
Higher buying activities by various ministries and departments have helped in reaching the figure.
In 2023-24, the portal handled procurement of Rs 4 lakh crore by government departments of centres, states and public sector enterprises.
The portal was launched on August 9, 2016, for online purchases of goods and services by all central government ministries and departments.
South Korea's KONEPS is the largest such platform in the world. GeM stands at the second position. It is followed by Singapore's GeBIZ.
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