GeM gross merchandise value surges from Rs 422 cr to over Rs 1.55 lakh cr in a decade: Piyush Goyal
New Delhi, Aug. 10 -- Government e-Marketplace (GeM) recorded a Gross Merchandise Value (GMV) of over Rs 1,55,000 crore, expanding from Rs 422 crore a decade ago, as public buying shifted to an end-to-end digital platform across the country.
Sharing the performance highlights, Union Minister of Commerce & Industry, Piyush Goyal, said that the platform transformed public procurement norms over the last ten years.
"From a Gross Merchandise Value (GMV) of Rs 422 crore a decade ago to over Rs 1,55,000 crore today, the Government e-Marketplace (GeM) has rewritten the rules of public procurement," Goyal said.
As of August 7, 2026, cumulative GMV on the marketplace crossed Rs 20 lakh crore since inception, covering a total of over 3.78 crore ...
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