New Delhi (27.10.2022):Steel Authority of India Ltd (SAIL) has become the first CPSE to achieve the major milestone of procurement value of Rs 10,000 cr through the Government-e-Marketplace (GeM) since its 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 Rs 2.7 Crore in FY 2018-19, it has already crossed the total value of Rs 10,000 cr in this year. Incidentally, SAIL was the largest CPSE procurer on GeM in the previous Financial Year with a value of Rs 4,614 cr. In the current fiscal, SAIL has already surpassed the achievement of previous year with procurement of over Rs. 5,250 Crore till date and is committed to substantially increase the volumes on GeM.
SAIL achieves Rs 10,000 cr Procurement Value on GeM
By IndianMandarins - 2022-10-27 12:20:00
New Delhi (27.10.2022):Steel Authority of India Ltd (SAIL) has become the first CPSE to achieve the major milestone of procurement value of Rs 10,000 cr through the Government-e-Marketplace (GeM) since its 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 Rs 2.7 Crore in FY 2018-19, it has already crossed the total value of Rs 10,000 cr in this year. Incidentally, SAIL was the largest CPSE procurer on GeM in the previous Financial Year with a value of Rs 4,614 cr. In the current fiscal, SAIL has already surpassed the achievement of previous year with procurement of over Rs. 5,250 Crore till date and is committed to substantially increase the volumes on GeM.
