Goyal Marks 10 Years of GeM, Eyes World's Top Procurement Platform
Synopsis
Key Takeaways
Ten years after it quietly replaced India's paper-heavy government tendering with a digital marketplace, the Government e-Marketplace (GeM) celebrated its first decade on Monday, 11 August 2026 — and Union Commerce and Industry Minister Piyush Goyal used the occasion to set a far more ambitious target: making GeM the world's most intelligent, trusted, and inclusive public procurement platform.
A decade that rewired how India buys
Launched on 9 August 2016, GeM was conceived as a direct answer to a chronic problem — government procurement riddled with discretion, opacity, and barriers that kept small vendors locked out. The portal replaced manual tender processes with an online marketplace where central ministries, state departments, and public-sector buyers could source goods and services competitively, in the open. What began as a niche digital experiment has since grown into the backbone of India's public procurement architecture.
At the Foundation Day function, Goyal felicitated distinguished buyers and sellers on the platform, and launched three commemorative items marking the milestone: a customised My Stamp, a 5-digit Short Code for the platform, and a GeM booklet. The launches signal an effort to embed GeM's identity more firmly in India's commercial and administrative consciousness.
MSMEs, women, and artisans at the centre of the decade's story
In his address, Goyal specifically called out MSMEs, women entrepreneurs, and artisans as the stakeholders who have defined GeM's first ten years — a deliberate framing that positions the platform not merely as a procurement efficiency tool but as a vehicle for economic inclusion. India's progressive digitisation of public procurement has, by design, widened vendor participation beyond the traditional large contractors who once dominated government supply chains.
The minister urged all participants to innovate and to bring sellers from the remotest parts of the country onto the platform — directly linking GeM's expansion to the Viksit Bharat vision of a fully developed India by 2047. The message was pointed: no geography, no community, should remain outside the procurement economy.
The ambition ahead: intelligent, trusted, inclusive
Goyal's stated goal — to make GeM 'the world's most intelligent, trusted, and inclusive public procurement platform' — sets a competitive global benchmark. India's public procurement market is among the largest in the world by volume, and GeM's architecture, if scaled and refined, carries genuine potential to serve as a model for other emerging economies wrestling with the same transparency and inclusion challenges that India sought to solve a decade ago.
The next test will come in the numbers: annual procurement volumes, vendor diversity metrics, and independent assessments of whether the platform's inclusion promise is being met in practice — particularly for the micro-sellers and artisans Goyal highlighted on Monday.
GeM turned ten by transforming how a government buys; the next decade will be judged by how many more it lets sell.