GeM, Madhya Pradesh Discuss Stronger Public Procurement Ties

03 Nov 2025 CW Team

The meeting reaffirmed GeM’s mission of providing a unified, transparent, and efficient online procurement system for all government entities — including Central and State Ministries, Departments, PSUs, Autonomous Bodies, Local Institutions, and Panchayati Raj organisations. Both sides stressed the importance of developing a robust, streamlined, and accountable procurement framework to enhance transparency, inclusivity, and efficiency in public procurement within the state.

As part of its national outreach strategy, GeM has been engaging with high-GMV (Gross Merchandise Value) states through a series of focused discussions and CEO-level interactions. Union Minister for Commerce and Industry, Shri Piyush Goyal, has also written to Chief Ministers encouraging them to align State procurement rules with the General Financial Rules (GFR) and GeM General Terms and Conditions (GeM-GTC). He has further urged the Ministry of Home Affairs to ensure procurement across Union Territories is routed through GeM.

In Madhya Pradesh, GeM’s presence continues to strengthen, with over 86,000 sellers from the state having completed their registration and profiles on the platform. Since its inception, Micro and Small Enterprises (MSEs) from Madhya Pradesh have received orders worth Rs 55.2 billion from state buyers, Rs 20.3 billion from buyers in other states, and Rs 202.9 billion from central buyers. This robust participation demonstrates the state’s growing integration into the national public procurement ecosystem and highlights GeM’s pivotal role in empowering local enterprises to access a broader government marketplace.

With GeM’s cumulative GMV reaching record levels, the engagement in Madhya Pradesh marks a significant step toward strengthening the state’s procurement ecosystem and ensuring a level playing field for all vendors.

GeM reiterated its commitment to fostering a culture of fairness, digital integrity, and inclusivity, ensuring that every seller — particularly small and emerging enterprises — can participate meaningfully in India’s transparent, technology-driven procurement system.

Shri Mihir Kumar, Chief Executive Officer of Government e Marketplace (GeM), met Shri Anurag Jain, Chief Secretary, Government of Madhya Pradesh, in Bhopal to discuss measures for strengthening the state’s adoption and utilisation of the GeM platform. The meeting reaffirmed GeM’s mission of providing a unified, transparent, and efficient online procurement system for all government entities — including Central and State Ministries, Departments, PSUs, Autonomous Bodies, Local Institutions, and Panchayati Raj organisations. Both sides stressed the importance of developing a robust, streamlined, and accountable procurement framework to enhance transparency, inclusivity, and efficiency in public procurement within the state. As part of its national outreach strategy, GeM has been engaging with high-GMV (Gross Merchandise Value) states through a series of focused discussions and CEO-level interactions. Union Minister for Commerce and Industry, Shri Piyush Goyal, has also written to Chief Ministers encouraging them to align State procurement rules with the General Financial Rules (GFR) and GeM General Terms and Conditions (GeM-GTC). He has further urged the Ministry of Home Affairs to ensure procurement across Union Territories is routed through GeM. In Madhya Pradesh, GeM’s presence continues to strengthen, with over 86,000 sellers from the state having completed their registration and profiles on the platform. Since its inception, Micro and Small Enterprises (MSEs) from Madhya Pradesh have received orders worth Rs 55.2 billion from state buyers, Rs 20.3 billion from buyers in other states, and Rs 202.9 billion from central buyers. This robust participation demonstrates the state’s growing integration into the national public procurement ecosystem and highlights GeM’s pivotal role in empowering local enterprises to access a broader government marketplace. With GeM’s cumulative GMV reaching record levels, the engagement in Madhya Pradesh marks a significant step toward strengthening the state’s procurement ecosystem and ensuring a level playing field for all vendors. GeM reiterated its commitment to fostering a culture of fairness, digital integrity, and inclusivity, ensuring that every seller — particularly small and emerging enterprises — can participate meaningfully in India’s transparent, technology-driven procurement system.

Infrastructure Urban

04 Aug 2026

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

Real Estate

04 Aug 2026

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

Real Estate

04 Aug 2026

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..