New Delhi, Aug. 25 -- Government e Marketplace (GeM) has crossed a historic milestone of Rs. 15 lakh crore in cumulative Gross Merchandise Value (GMV) since its launch in 2016, marking a significant leap in India's public procurement landscape.

The information was shared through a press release issued by the Ministry of Commerce & Industry.

The digital marketplace, created to make public procurement more transparent and efficient, has become one of the fastest-growing platforms in the country's governance framework. Over the past nine years, it has built a strong network connecting government buyers with a wide community of sellers.

On this milestone, Mihir Kumar, CEO of GeM, said: "Crossing the Rs. 15 Lakh Crore GMV milestone is a tes...