Defence Procurement on GeM Surpasses ₹1.35 Lakh Crore

Defence procurement through the Government e-Marketplace (GeM) has surpassed Rs 1.35 lakh crore, Commerce and Industry Minister Piyush Goyal announced. This substantial figure highlights the platform’s significant role in government purchasing across various departments.

GeM’s Expanding Footprint in Public Procurement

Minister Goyal specified that defence procurement alone accounts for nearly 15 percent of GeM’s total acquisition value. This indicates a substantial portion of military-related purchases are now routed through the digital platform.

The annual procurement of goods and services by central and state government departments and agencies through GeM has now exceeded Rs 5 lakh crore. This milestone reflects the platform’s widespread adoption and impact on public sector spending.

Over the past decade, the cumulative value of goods and services procured through GeM has reached more than Rs 20 lakh crore. Such a large volume underscores the platform’s long-term contribution to government efficiency and transparency.

Driving Efficiency and Platform Modernisation

GeM has also delivered considerable financial benefits, generating estimated savings of Rs 86,571 crore over the last three years. These savings demonstrate the cost-effectiveness achieved through the centralised digital marketplace.

To further enhance its capabilities, the Government e-Marketplace is currently undergoing a comprehensive revamp. IT major Tata Consultancy Services (TCS) is executing this critical project, aiming to upgrade the platform’s infrastructure and user experience.

The continued growth and strategic upgrades of GeM reinforce its position as a pivotal digital ecosystem for government procurement in India.