Goyal Marks 10 Years of GeM, Eyes World's Top Procurement Platform

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Goyal Marks 10 Years of GeM, Eyes World's Top Procurement Platform

Synopsis

Union Commerce Minister Piyush Goyal marked GeM's 10th Foundation Day on 11 August 2026, launching a My Stamp, 5-digit Short Code, and a GeM booklet, while pledging to make the platform the world's most intelligent, trusted, and inclusive public procurement marketplace.

Key Takeaways

GeM completed 10 years on 9 August 2026 , having launched as India's national public procurement portal in August 2016 .
Minister Piyush Goyal felicitated distinguished buyers and sellers at the Foundation Day function.
Three milestone items were launched: a customised My Stamp , a 5-digit Short Code , and a GeM booklet .
Goyal highlighted MSMEs, women entrepreneurs, and artisans as the core beneficiaries of GeM's first decade.
The minister set an ambition to make GeM 'the world's most intelligent, trusted, and inclusive public procurement platform.' GeM's expansion was framed as integral to the Viksit Bharat goal of a developed India by 2047 .

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.

Point of View

Not merely an efficiency tool, is a deliberate political signal. By spotlighting MSMEs, women, and artisans, the Commerce Ministry is building a case that procurement reform has tangible grassroots reach. The global ambition — 'world's most intelligent' platform — also serves an outward-facing diplomatic purpose, positioning India as an exporter of governance models. The real accountability moment, however, will come when independent audits measure whether vendor diversity and remote-area inclusion have actually deepened, not just been celebrated.
NationPress
11 Aug 2026

Frequently Asked Questions

What is GeM and when was it launched?
GeM, or Government e-Marketplace, is India's national public procurement portal launched on 9 August 2016 to digitise government purchases and replace manual tendering with a transparent online marketplace.
What did Piyush Goyal launch at the GeM Foundation Day 2026?
At the 10th Foundation Day celebrations, Goyal launched a customised My Stamp , a 5-digit Short Code for the platform, and a GeM booklet to mark the milestone.
Who benefits from the GeM platform?
GeM is designed to benefit MSMEs, women entrepreneurs, artisans , and small vendors across India by giving them direct access to government buyers without going through traditional, often opaque, tender processes.
What is Goyal's ambition for GeM going forward?
Goyal stated the government's ambition to make GeM 'the world's most intelligent, trusted, and inclusive public procurement platform,' linking its expansion to the Viksit Bharat vision for 2047.
How does GeM connect to Viksit Bharat?
The government frames GeM as a key enabler of Viksit Bharat — the goal of a fully developed India by 2047 — by bringing sellers from remote and underserved communities into the formal procurement economy.
Nation Press
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