What happened: GeM completes 10 years of operations
The Government e-Marketplace (GeM) is set to complete ten years of operations on 9 August 2026. GeM, a fully digital public procurement platform, reported cumulative Gross Merchandise Value (GMV) of over ₹20 lakh crore through more than 3.78 crore orders, positioning GeM as a central channel in India’s public procurement ecosystem.
GeM reported growth in annual GMV from ₹422 crore in FY 2016–17 to over ₹5 lakh crore in each of FY 2024–25 and FY 2025–26. For the first four months of FY 2026–27, GeM reported GMV of ₹1,47,888 crore.
GeM reported a change in the speed of cumulative growth: it took more than eight years to reach the first ₹10 lakh crore cumulative GMV, while the next ₹10 lakh crore milestone was reached in less than two years.
Background and earlier position: participation and public procurement through a digital marketplace
Over the decade, GeM reported significant expansion in platform participation. GeM reported that the number of profile-completed sellers increased from 3,339 to 25.45 lakh. GeM also reported primary buyer organisations growing from 1,707 to 1.37 lakh.
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