Introduction
Recently there has been a buzz around GeM (Government e-Market) in India’s business community. GeM is a government-backed e-commerce platform that connects businesses with over 50,000 government departments and PSUs for procurement of goods and services. Think of it as a government version of Amazon or Flipkart—but exclusively for government buyers.
Launched in 2016, GeM empowers transparent, efficient, and fast procurement for all government sectors.
To register on GeM, a business must be registered in India with a valid PAN. Documents required include registration certificates, bank details, and KYC documents. You can register through gem.gov.in as a buyer or seller depending on your need.
Benefits of Registering on GeM
- Enhanced Visibility: Showcase products/services to verified government buyers.
- Government Contracts: Access a large pool of tenders and procurement deals.
- Faster Payments: Streamlined payments via the portal and credit facilities.
- Seamless Process: Fully online—from bidding to payment.
- MSME & Startup Boost: Enjoy incentives, fee waivers, and special preference.
As of March 2024, GeM has onboarded over 21 lakh sellers and service providers and integrated 89,421 Panchayats across India.
Conclusion
Whether you're a startup, MSME, manufacturer, or service provider, GeM is your gateway to India’s vast government market. It opens business avenues, simplifies processes, and builds credibility.
Need help with registration? Reach out to sarrahkatawala@connect2comply.com for expert assistance.
Register on GeM Now