+
SMEs Boost Services Procurement via GEM as Value Surges to INR 1.5 tn in FY20-21
Equipment

SMEs Boost Services Procurement via GEM as Value Surges to INR 1.5 tn in FY20-21

The Government e-Marketplace (GEM) has witnessed a significant surge in services procurement, primarily driven by small and medium-sized enterprises (SMEs). The value of services procured through GEM is projected to reach INR 1.5 trillion in the current fiscal year, reflecting an impressive increase in market activity.

GEM, an online platform developed by the central government, has been a game-changer for SMEs in their pursuit of procurement opportunities. Through GEM, SMEs have gained easier access to a wide range of procurement services digitally, enabling them to expand their business networks and compete on a larger scale.

With the digitization of services procurement, the cumbersome paperwork and bureaucratic hurdles once faced by SMEs have been eliminated. GEM has simplified the procurement process, making it more transparent, efficient, and accessible for all stakeholders. This has subsequently led to substantial growth in services procurement, resulting in the remarkable surge in value.

The pandemic has also played a significant role in accelerating the adoption of GEM for services procurement. With traditional modes of procurement disrupted due to lockdowns and social distancing measures, SMEs turned to the digital platform to continue their operations. This shift has not only ensured business continuity but has also opened up new avenues for growth and collaboration through GEM.

Among the various services procured through GEM, IT services have witnessed a notable increase in demand. As more businesses embrace digital transformation, the need for IT-related solutions and support has surged. GEM has provided SMEs with access to a vast pool of IT service providers, enabling them to meet their technology requirements efficiently.

Furthermore, GEM's role in promoting fair competition cannot be overlooked. The platform has welcomed a diverse range of service providers, fostering healthy competition and driving up quality standards. This has resulted in improved service delivery and better value for money for procuring entities.

Looking ahead, SMEs are expected to further leverage GEM for services procurement. The government's focus on digital initiatives and ease of doing business provides a conducive environment for the growth of online procurement platforms. With continuous efforts to enhance the capabilities and user experience of GEM, SMEs will have even greater opportunities to expand their services procurement and contribute to the country's economic development.

In conclusion, the rise in services procurement through GEM, driven by SMEs, is witnessing unprecedented growth. The substantial surge in value to INR 1.5 trillion in the current fiscal year highlights the platform's effectiveness in bridging the gap between SMEs and procurement opportunities. With GEM serving as a catalyst for digital transformation and promoting fair competition, SMEs are poised to thrive in the services procurement landscape.

The Government e-Marketplace (GEM) has witnessed a significant surge in services procurement, primarily driven by small and medium-sized enterprises (SMEs). The value of services procured through GEM is projected to reach INR 1.5 trillion in the current fiscal year, reflecting an impressive increase in market activity. GEM, an online platform developed by the central government, has been a game-changer for SMEs in their pursuit of procurement opportunities. Through GEM, SMEs have gained easier access to a wide range of procurement services digitally, enabling them to expand their business networks and compete on a larger scale. With the digitization of services procurement, the cumbersome paperwork and bureaucratic hurdles once faced by SMEs have been eliminated. GEM has simplified the procurement process, making it more transparent, efficient, and accessible for all stakeholders. This has subsequently led to substantial growth in services procurement, resulting in the remarkable surge in value. The pandemic has also played a significant role in accelerating the adoption of GEM for services procurement. With traditional modes of procurement disrupted due to lockdowns and social distancing measures, SMEs turned to the digital platform to continue their operations. This shift has not only ensured business continuity but has also opened up new avenues for growth and collaboration through GEM. Among the various services procured through GEM, IT services have witnessed a notable increase in demand. As more businesses embrace digital transformation, the need for IT-related solutions and support has surged. GEM has provided SMEs with access to a vast pool of IT service providers, enabling them to meet their technology requirements efficiently. Furthermore, GEM's role in promoting fair competition cannot be overlooked. The platform has welcomed a diverse range of service providers, fostering healthy competition and driving up quality standards. This has resulted in improved service delivery and better value for money for procuring entities. Looking ahead, SMEs are expected to further leverage GEM for services procurement. The government's focus on digital initiatives and ease of doing business provides a conducive environment for the growth of online procurement platforms. With continuous efforts to enhance the capabilities and user experience of GEM, SMEs will have even greater opportunities to expand their services procurement and contribute to the country's economic development. In conclusion, the rise in services procurement through GEM, driven by SMEs, is witnessing unprecedented growth. The substantial surge in value to INR 1.5 trillion in the current fiscal year highlights the platform's effectiveness in bridging the gap between SMEs and procurement opportunities. With GEM serving as a catalyst for digital transformation and promoting fair competition, SMEs are poised to thrive in the services procurement landscape.

Next Story
Infrastructure Urban

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

Next Story
Infrastructure Urban

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Next Story
Building Material

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App