On this occasion, GeM also launched GeMAI, India’s first generative AI-powered chatbot in the public sector.

Transformative Impact of GeM on Inclusive Economic Growth & Digital governance

• Scale: Connects 1.6 lakh government buyers with 23 lakh sellers/service providers, enabling transactions worth over ₹13.4 lakh crore since inception. 
• Cost Savings: World Bank and Economic Survey report ~10% savings in government procurement. Also, 97% of transactions are now charge-free.
• GeM has successfully integrated diverse stakeholder groups: E.g., 10 lakh+ Micro and Small Enterprises (MSEs); 1.3 lakh artisans and weavers; ~1.8 lakh women entrepreneurs & 31,000 startups
• Boosted Inclusive Procurement through Dedicated Storefronts
  • Enhanced Visibility and Participation: Storefronts like Startup Runway and Womaniya have significantly improved access for startups, MSEs, and women-led enterprises.
  • Exceeding Procurement Targets: GeM has surpassed government targets with 38% of business awarded to MSEs (target: 25%) and nearly 4% to women-led businesses (target: 3%).
• Empowered Marginalized Entrepreneurs
  • Inclusive Procurement for SC/ST MSMEs: Actively collaborating with the MSME ecosystem to enhance participation of Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs in public procurement. 
  • The SARAS Collection on GeM features a curated range of handcrafted products by India’s top Self-Help Groups (SHGs). 
• GeM’s Global Standing: On track to become the world’s largest public procurement portal, surpassing platforms like South Korea’s KONEPS