GeM sets new benchmark, crosses Rs 4 lakh crore GMV within 10 months of FY25
By
Binu Mathew
New Delhi [India], January 24 (ANI): The Government e Marketplace (GeM) has surpassed the last years’ historic high Gross Merchandise Value (GMV) of Rs 4 lakh crore within 10 months of the current Fiscal Year 2024-25, Ministry of Commerce and Industry said in a statement Friday.
As on January 23, 2025, GeM has clocked a GMV of Rs 4.09 Lakh Crore, which marks a growth of nearly 50 per cent over the corresponding period last year, the ministry said.