The Government e Marketplace (GeM) celebrated its Incorporation Day 2026 on 16 May, highlighting its expanding role in making public procurement more transparent, efficient and inclusive for domestic enterprises across India.
Government e Marketplace (GeM) is observing its Incorporation Day 2026, marking its continued role in supporting public procurement in India through transparency, efficiency and technology-driven governance.
The Government e Marketplace Special Purpose Vehicle (GeM SPV), a Section 8 non-profit company under the Ministry of Commerce, was incorporated on 17 May 2017 under the Companies Act, 2013 to develop, manage and maintain the GeM platform. Over the years, GeM has emerged as a major digital public procurement platform, promoting ease of doing business and wider market access for sellers across the country.
“Aligned with the vision of Aatmanirbhar Bharat, Vocal for Local and Viksit Bharat 2047, GeM continues to support domestic enterprises by connecting local capabilities with government procurement opportunities,” the press release said. The platform has seen participation from Class-1 local suppliers across sectors such as pharmaceuticals, transportation, construction equipment, furniture, textiles and medical consumables.
“Today, the platform hosts over 1.36 lakh government buyers and nearly 25 lakh sellers and service providers, with nearly 72% of active sellers comprising Micro and Small Enterprises (MSEs). During FY 2025-26, more than 11 lakh MSEs on GeM received over 51 lakh orders worth Rs 2.36 lakh crore.
