MSMEs and Women-Led Enterprises Propel GEM to Record Rs 18.4 Lakh Crore GMV in FY25-26
The Government e-Marketplace (GEM), India's premier digital platform for public procurement, has achieved a significant milestone by clocking a cumulative Gross Merchandise Value (GMV) of Rs 18.4 lakh crore during the financial years 2024-25 and 2025-26. This remarkable growth underscores the platform's expanding role in streamlining government purchases and fostering economic inclusivity.
Key Drivers of Growth: MSMEs and Women Entrepreneurs
Central to this achievement is the robust participation of Micro, Small, and Medium Enterprises (MSMEs) and women-led enterprises. These sectors have been instrumental in driving transactions on the GEM portal, contributing substantially to the overall GMV. The platform's design, which prioritizes ease of access and transparent bidding processes, has enabled smaller businesses to compete effectively with larger counterparts, thereby democratizing public procurement.
Government initiatives aimed at empowering MSMEs and promoting gender diversity in entrepreneurship have further bolstered this trend. Policies such as reserved quotas and simplified registration procedures on GEM have encouraged a surge in registrations and active participation from these segments.
Impact on the Economy and Future Prospects
The cumulative GMV of Rs 18.4 lakh crore reflects not only the scale of transactions but also the broader economic impact. By facilitating efficient procurement, GEM has helped reduce costs, improve delivery timelines, and enhance transparency in government spending. This, in turn, supports job creation, innovation, and sustainable development across various industries.
Looking ahead, the continued focus on integrating technology and expanding the supplier base is expected to drive further growth. Experts anticipate that with ongoing digital transformation efforts and supportive policies, GEM could see even higher GMV figures in the coming years, solidifying its position as a cornerstone of India's digital economy.
In summary, the success of GEM in achieving Rs 18.4 lakh crore in cumulative GMV highlights the critical role of MSMEs and women-led enterprises in shaping India's procurement landscape. This milestone serves as a testament to the power of inclusive economic policies and digital innovation in driving national progress.
