Government eMarketplace (GeM)
The Digital Reimagination of Public Procurement in India
In 2016, GeM was set up by the Indian Government to radically reimagine the century-old public procurement system and processes. In less than five years since, GeM has completely disrupted this ecosystem through its unified digital marketplace and vast and diverse ecosystem of buyer organizations and sellers. In this financial year, GeM clocked order values of ￡3.42 billion- an over 50% increase from last year. This is a testament to the power of a forward-looking technology-driven approach- leveraging cutting-edge technologies like artificial intelligence including machine learning, natural language processing, blockchain etc.- in reinforcing users’ growing faith on the platform.