GeM Products and Services - Empowering Public Procurement with New Milestones!
Updated On : 29 Dec 2024The Government e-Marketplace (GeM Portal) serves as India’s flagship platform for public procurement, transforming how government entities acquire Products, works and services. Established to ensure transparency, efficiency, and cost-effectiveness, GeM connects a vast network of buyers and sellers nationwide. By fostering healthy competition and simplifying procurement processes, the platform aligns with the government’s vision for a Digital India, reducing paperwork and streamlining operations.
With over 150,000 government buyers and 2.1 million sellers, GeM has rapidly grown into a trusted hub for procurement. Its user-friendly interface and commitment to stringent quality controls create a seamless and accountable ecosystem. Leveraging advanced digital tools, GeM continues to revolutionize public procurement, promoting innovation and inclusivity in India’s economic landscape.
GeM Products & Service Performance FY 2023-2024
The Government e-Marketplace (GeM Portal) achieved a groundbreaking milestone in the 2023-2024 financial year by surpassing ₹4 Lakh Crore in Gross Merchandise Value (GMV), doubling from the previous year’s ₹2 Lakh Crore. This remarkable 100% growth in just two years highlights increased buying activity and the migration of ministries and departments to the platform. GeM now ranks as the world’s third-largest public procurement platform, following Korea’s KONEPS and Singapore’s GeBIZ.
GeM Products
The procurement of GeM products has witnessed a significant surge, with over a 50% increase, demonstrating the platform's growing importance in efficient government procurement. The comprehensive GeM portal products list, supported by an advanced Catalogue Management System, empowers sellers to showcase their offerings, participate in direct purchases, and bid for tenders. With an extensive GeM product list spanning diverse sectors, sellers such as OEMs, Manufacturers, Resellers, and Service Providers can engage with government buyers effectively. The platform also facilitates seamless GeM products search and provides access to the latest GeM portal products price list, enabling businesses to expand their reach and drive growth opportunities.
GeM Portal Products List – Top 20
| Products Name | Value (in Crores) |
|---|---|
| Smart Phone With Mdm / Emm / Sdk | 2670.1 |
| Utility Vehicles | 2400.1 |
| Tablet Computers | 2358.5 |
| Desktop Computers | 1848.6 |
| Pneumococcal Conjugate Vaccine (Pcv) Vaccine | 1652.7 |
| Silico Manganese | 1479.5 |
| All In One PC | 974.1 |
| Laptop - Notebook | 746.6 |
| Multifunction Machines | 700.7 |
| Compatible Cartridge / Consumable | 652.0 |
| Bop Vaccine Under Universal Immunization Programme | 529.1 |
| Maplitho Paper As Per Is 1848 | 523.5 |
| High Strength Deformed Steel Bars And Wires For Concrete Reinforcement | 514.9 |
| Bicycle | 496.4 |
| Agro Residue Based Biomass Pellets | 484.4 |
| External Upset End (Eue) Tubing | 472.0 |
| Premium Casing Pipe (Petroleum Industry) | 440.7 |
| Ambulances | 436.0 |
| Interactive Panels And Accessories | 435.6 |
| Plain Copier Paper | 419.8 |
GeM Services
The Government e-Marketplace (GeM Portal) has achieved remarkable growth in its GeM services segment, contributing ₹1.63 Lakh Crore with over 250% growth. Covering 322 categories, the GeM catalogue offers a diverse range of services, including Mining Services, Cab & Taxi Hiring, Manpower Outsourcing, ATM Services, IT Outsourcing, Transport, Insurance, and Printing. This expansion underscores GeM’s adaptability and its ability to meet varied procurement needs. As a versatile platform, GeM continues to solidify its role as a comprehensive solution for public procurement across diverse sectors.
GeM Portal Services List – Top 20
| Service Name | Value (in Crores) |
|---|---|
| Handling ,Transport And Other Mining Services - Percentage Quote Based | 58893.7 |
| Mine Development & Operations Service - Revenue Sharing Basis | 39729.4 |
| Mine Development & Operations Service(Mdo) | 22365.8 |
| Manpower Outsourcing Services - Minimum Wage | 12435.1 |
| Manpower Outsourcing Services - Fixed Remuneration | 3359.7 |
| Security Manpower Service (Version 2.0) | 2913.0 |
| Group Mediclaim Insurance Service | 2806.4 |
| Monthly Basis Cab & Taxi Hiring Services | 2408.6 |
| Assets Insurance Service | 1628.4 |
| Local Chemist Empanelment Service | 1409.7 |
| Hiring, Operation And Management Of Atm - Per Transaction Based | 922.6 |
| Hiring Of Agency For It Projects- Milestone Basis | 887.7 |
| Goods Transport Service (Per Km Based) | 829.0 |
| Facility Management Services - Lump Sum Based | 764.4 |
| Hiring Of Sanitation Service | 737.2 |
| Goods Transport Services - Per Mt | 616.0 |
| Paper-Based Printing Services | 513.0 |
| Management And Supply Of Atm | 506.0 |
| Cleaning, Sanitation And Disinfection Service | 505.0 |
| Handling And Transport On Lumpsum Basis | 480.6 |
GeM Products & Service Performance FY 2024-2025
The Government e-Marketplace (GeM) is set to surpass ₹5 Lakh Crore in business by the end of FY 2024-2025, solidifying its position as the world's largest public procurement platform in a short span of 9 years since its inception. With ₹3.5 Lakh Crore already achieved, GeM products and services are driving unparalleled growth. The platform hosts 1.6 lakh primary buyers, 2.24 lakh secondary buyers, 11,306 GeM product categories, and 335 GeM service categories, catering to diverse procurement needs. A significant emphasis on enhancing the GeM catalogue ensures streamlined operations. The extensive GeM portal products list and updated features along with the changes in the GeM portal product price list empower buyers and sellers with transparency and efficiency, fostering a robust procurement ecosystem. The Top 10 product categories and service categories for this financial year till December 2024 are:
GeM Products
GeM Portal Products List – Top 20
| Products Name | Value (in Crores) |
|---|---|
| Domestic Coal For Ntpc | 2862.31 |
| Regular Casing Pipes (Ongc) | 1980.48 |
| Silico Manganese As Per Is 1470 | 1030.34 |
| All In One Pc | 631.25 |
| Automotive Chassis Fitted With Engine (V2) | 541.69 |
| Multifunction Machines Mfm | 511.67 |
| Pneumococcal Conjugate Vaccine (Pcv) Vaccine Under Universal Immunization Programme Of Mohfw | 440.33 |
| Nma Based Non - Metallic Octane Booster (V2) (Nrl) | 434.81 |
| Hopper Tipper Dumper (Version 2) | 425.22 |
| Troop Carrier Police Vehicles (V2) | 415.56 |
| External Upset End (Eue) Tubing | 374.96 |
| Premium Casing Pipe (Petroleum Industry) | 359.90 |
| Ip Vaccine Under Universal Immunization Programme Of Mohfw | 342.61 |
| Laptop - Notebook | 341.05 |
| Buses (V2) | 331.40 |
| Measles- Rubella (Mr) Vaccine Under Universal Immunization Programme Of Mohfw | 320.45 |
| Automotive Diesel Fuel Or High Speed Diesel (Hsd) As Per Is 1460 | 319.63 |
| Passenger Car | 280.26 |
| Bop Vaccine Under Universal Immunization Programme Of Mohfw | 264.57 |
GeM Services FY 2024-2025
GeM Portal Services List – Top 20
| Service Name | Value (in Crores) |
|---|---|
| Mine Development & Operations Service - Revenue Sharing Basis | 49390.80 |
| Handling ,Transport And Other Mining Services - Percentage Quote Based | 43891.21 |
| Mine Development & Operations Service(Mdo) | 29057.10 |
| Manpower Outsourcing Services - Minimum Wage | 9069.41 |
| Hiring, Operation And Management Of Atm - Per Transaction Based | 5403.16 |
| Manpower Outsourcing Services - Fixed Remuneration | 3071.39 |
| Management And Supply Of Atm | 2778.29 |
| Security Manpower Service (Version 2.0) | 2233.20 |
| Monthly Basis Cab & Taxi Hiring Services | 2060.46 |
| Hiring Of Sanitation Service | 1896.32 |
| Mass Production Mining Technology Services - Per Metric Tonne Basis | 1858.73 |
| Hiring Of Agency For It Projects- Milestone Basis | 1486.33 |
| Facility Management Services - Lumpsum Based | 1158.19 |
| Assets Insurance Service | 862.69 |
| Paper-Based Printing Services | 820.79 |
| Handling And Transport On Lumpsum Basis | 759.27 |
| Goods Transport Services - Per Mt | 707.94 |
| Hiring Of Consultants - Milestone/Deliverable Based | 683.46 |
| Operation And Maintenance Power House / Power Plant | 661.51 |
| Cleaning, Sanitation And Disinfection Service - Outcome Based | 652.52 |
| Mass Production Mining Technology Services - Per Metric Tonne Basis | 1858.73 |
GeM Portal - New Features & Changes
The GeM Portal (Government e-Marketplace) continues to innovate with new features aimed at improving the procurement process and driving growth in India’s economy. As a one-stop platform for GeM products and GeM services, it supports government purchases while encouraging inclusivity, transparency, and operational efficiency. With recent updates, the GeM catalogue management has been further optimized to streamline processes and enhance vendor experience.
Among the new initiatives, GeM is integrating local languages to better serve the country's diverse population, implementing Augmented Reality for a 360-degree product view, and promoting the ODOP (One District One Product) initiative. Additionally, the focus on Vocal for Local aims to empower local businesses while exploring opportunities to operate like private e-commerce platforms, offering direct-to-consumer sales.
For MSMEs and startups, participating in government procurement on the GeM Portal presents valuable growth prospects. The GeM platform's user-friendly interface and simplified registration process make it easy for vendors to get started and explore business opportunities. A recent cloud migration to AWS has boosted scalability, enhancing the platform’s efficiency for both buyers and sellers. Moreover, the reduction in transaction charges—now affecting only about 3% of transactions—encourages greater seller participation.
GeM Portal - Global Interest and Recognition
The GeM Portal has garnered global interest for its success in India's public procurement system, attracting attention from countries in Africa and Asia. Many nations are exploring the potential to replicate this model to improve their procurement processes. The innovative approach of the GeM portal has been featured in World Bank conferences, highlighting its role in sustainable development and poverty reduction. As a leading example of efficient government procurement, the GeM Portal continues to inspire international recognition, showcasing how public procurement can drive economic growth and positive social impact.
In conclusion, the Government e-Marketplace (GeM Portal) serves as a beacon of innovation and efficiency in the public procurement domain. Its exponential growth, robust service offerings, and commitment to transparency underscore its pivotal role in driving India's economic progress. With its user-friendly interface and comprehensive solutions, GeM empowers businesses to thrive in the digital age, fostering a conducive environment for growth and prosperity. Stay informed, stay ahead – register now at Tendersplus.com and grow your business with government eprocurement opportunities on GeM Portal in India.
