Steel Authority of India Limited has become the first Central Public Sector Enterprise to achieve the major milestone of procurement value of INR 10,000 crore through the Government-e-Marketplace, GeM, since inception. SAIL has been at the forefront in partnering with GeM and has played an active role to create different functionalities to enhance the reach of the GeM portal. From a small beginning of INR 2.7 crore in FY'18-19, it has already crossed the total value of INR 10,000 crore in this year. Incidentally, SAIL was the largest CPSE procurer on GeM in the previous Financial Year with a value of INR 4,614 crore. In the current fiscal, SAIL has already surpassed the achievement of previous year with procurement of over INR 5,250 crore till date and is committed to substantially increase the volumes on GeM.
Steel Authority of India Limited has become the first Central Public Sector Enterprise to achieve the major milestone of procurement value of INR 10,000 crore through the Government-e-Marketplace, GeM, since inception. SAIL has been at the forefront in partnering with GeM and has played an active role to create different functionalities to enhance the reach of the GeM portal. From a small beginning of INR 2.7 crore in FY'18-19, it has already crossed the total value of INR 10,000 crore in this year. Incidentally, SAIL was the largest CPSE procurer on GeM in the previous Financial Year with a value of INR 4,614 crore. In the current fiscal, SAIL has already surpassed the achievement of previous year with procurement of over INR 5,250 crore till date and is committed to substantially increase the volumes on GeM.
