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India's Government e-Marketplace surpasses ₹4 lakh crore GMV in 10 months, showing 50% growth.
The Government e-Marketplace (GeM) in India has surpassed its previous year's Gross Merchandise Value (GMV) of ₹4 lakh crore within 10 months of the current fiscal year, reaching ₹4.09 lakh crore by January 23, 2025.
This represents a 50% growth over last year.
The services segment, accounting for 62% of the GMV, has been a key driver of this growth, with the Ministry of Coal being the top procurer.
GeM has processed over 2.59 crore orders with a GMV of ₹11.64 lakh crore since its launch in 2016.
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El e-Marketplace del Gobierno de la India supera los 4 lakh crore GMV en 10 meses, mostrando un crecimiento del 50%.