Government e Marketplace

[3] The platform is owned by GeM SPV (Special Purpose Vehicle) which is a 100 percent Government-owned, non-profit company under the Ministry of Commerce and Industries, Government of India.

[4] GeM is a contactless, paperless and cashless online marketplace that replaced the Directorate General of Supplies and Disposals (DGS&D) in 2016.

[1] The portal has transformed public procurement in India[1] by driving its three pillars, namely, inclusion, usability and transparency and efficiency and cost savings.

[7] According to an independent assessment made by the World Bank, average savings for buyers in Government e Marketplace portal is about 9.75% on the median price.

[13][14][15] GeM's three key pillars — Efficient, Transparent, and Inclusiveness — ensure that business in the Government e Marketplace is quick and easy.