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        News and Press Release

        GeM Observes Incorporation Day 2026; Continues to Support Digital Public Procurement System in India

        May 18, 2026

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        Government e Marketplace (GeM) is observing its Incorporation Day 2026, marking its continued role in supporting public procurement in India through transparency, efficiency and technology-driven governance.

        The Government e Marketplace Special Purpose Vehicle (GeM SPV), a Section 8 non-profit company under the Ministry of Commerce, was incorporated on 17 May 2017 under the Companies Act, 2013 to develop, manage and maintain the GeM platform. Over the years, GeM has emerged as a major digital public procurement platform, promoting ease of doing business and wider market access for sellers across the country.

        Aligned with the vision of Aatmanirbhar Bharat, Vocal for Local and Viksit Bharat 2047, GeM continues to support domestic enterprises by connecting local capabilities with government procurement opportunities. The platform has seen participation from Class-1 local suppliers across sectors such as pharmaceuticals, transportation, construction equipment, furniture, textiles and medical consumables.

        Today, the platform hosts over 1.36 lakh government buyers and nearly 25 lakh sellers and service providers, with nearly 72% of active sellers comprising Micro and Small Enterprises (MSEs). During FY 2025–26, more than 11 lakh MSEs on GeM received over 51 lakh orders worth ₹2.36 lakh crore. Women-led MSEs secured procurement orders worth over ₹28,000 crore, while SC/ST entrepreneurs received orders exceeding ₹6,000 crore. Startups on the platform secured orders worth more than ₹19,000 crore, reflecting GeM’s role in supporting entrepreneurship and widening access to government procurement.

        Chief Executive Officer, GeM, Shri Mihir Kumar said, “GeM was created with the vision of building a transparent, efficient and inclusive digital procurement platform for Government and its agencies. Today, GeM continues to support Aatmanirbhar Bharat and Vocal for Local by connecting domestic enterprises with procurement opportunities.”

        As part of the Incorporation Day celebrations, GeM is organising a series of stakeholder engagement and knowledge-sharing initiatives. The celebrations commenced with the GeM Vendor Assessment Workshop on 15 May 2026 to enhance clarity on the Vendor Assessment process and documentation requirements for prospective OEMs.

        Further, GeM will host “GeM Manthan” on 21 May 2026 under the theme “Enriching the GeM Marketplace” to encourage discussions on strengthening the GeM ecosystem. GeM will also organise a brainstorming session with representatives from the Defence Services on 22 May 2026 to deliberate on process improvements and technological interventions aimed at strengthening alignment with Defence procurement and operational requirements.

        Digital public procurement platform GeM advances transparency, widens market access, and strengthens domestic enterprise participation. Government e Marketplace (GeM) continues to function as a digital public procurement platform established through a Section 8 non-profit special purpose vehicle under the Companies Act, 2013 to develop, manage and maintain the procurement system for government buyers and sellers. The platform advances transparency, efficiency and technology-driven governance in public procurement while widening market access for domestic enterprises, including Class-1 local suppliers, Micro and Small Enterprises, women-led enterprises, SC/ST entrepreneurs and startups.
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                                Digital public procurement platform GeM advances transparency, widens market access, and strengthens domestic enterprise participation.

                                Government e Marketplace (GeM) continues to function as a digital public procurement platform established through a Section 8 non-profit special purpose vehicle under the Companies Act, 2013 to develop, manage and maintain the procurement system for government buyers and sellers. The platform advances transparency, efficiency and technology-driven governance in public procurement while widening market access for domestic enterprises, including Class-1 local suppliers, Micro and Small Enterprises, women-led enterprises, SC/ST entrepreneurs and startups.





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