Overview
The GeM will complete a decade of operation on 9 August 2026. In ten years it has facilitated more than 3.78 crore orders and a cumulative GMV exceeding ₹20 lakh crore. The platform’s rapid growth signals a major shift in India’s public procurement ecosystem.
Key Developments
- Annual GMV rose from ₹422 crore (FY 2016‑17) to over ₹5 lakh crore in FY 2024‑25 and FY 2025‑26.
- First ₹10 lakh crore cumulative GMV took eight years; the next ₹10 lakh crore was achieved in less than two years.
- Seller base expanded from 3,339 to 25.45 lakh profile‑completed sellers.
- Buyer organisations grew from 1,707 to 1.37 lakh.
- MSEs registered rose from 2,424 to 12.25 lakh, contributing ₹9.07 lakh crore (45.6%) of total GMV.
- Women‑led MSEs (over 2.24 lakh) fulfilled more than 50 lakh orders worth ₹99,147 crore.
- Start‑ups (42,242) secured orders worth ₹65,633 crore.
- Transaction charges reduced from 0.50% to 0.30%; orders up to ₹10 lakh are fee‑free, resulting in 97% of orders attracting no fee.
Important Facts & Findings
A recent IIT Delhi study covering FY 2023‑24 to FY 2025‑26 estimated a monetised benefit of ₹86,571.69 crore from price and process efficiencies, translating into a net social saving of ₹1,76,411.46 crore. The study also found that GeM offered lower prices for 74.3% of 101 items compared with other e‑mar