GEM Registration Process
Many companies, MSMEs, manufacturers and service providers in particular believe that selling to the government is safer than finding buyers to avoid fierce competition. The state electronic marketplace, commonly known as GeM, began with a similar premise. Government e-Marketplace (GeM) is a flagship initiative by the Indian government to usher in an era of e-governance in the country. India's public procurements stands at 15-20% of GDP. Inefficiencies due to a complex policy landscape, inconsistent manual processes in central and state purchasing organizations and long lead times. Solving these problems can unlock significant value and help channel resources for various development programs and projects. GeM is an online marketplace reform that offers an open, efficient and transparent solution. The platform was launched on August 9, 2016 and is managed by GeM Special Purpose Vehicle, a 100% government owned company under Department of Commerce. Government e-Marketplace i