Best GeM Consultant and Service Provider in Hyderabad

TendersOnTime, the largest tenders' aggregator, is based out of Hyderabad. TendersOnTime provides the complete range of GeM support service such as GeM portal registration for Hyderabad Companies, Assessment of Hyderabad vendors, Brand approval for Hyderabad-based companies on the GeM portal, and help to Hyderabad-based organizations in participating GeM bids, reverse auctions and forward auctions, etc.

Based on the 2022 estimates provided by the IMF, Hyderabad's GDP on a PPP basis is approximately $90 billion, positioning it as India's sixth most economically active metropolitan area, trailing behind Mumbai, Delhi, Kolkata, Bengaluru, and Chennai. The city's GDP predominantly relies on the services sector, contributing to roughly 70% of its overall economic output, with other significant sectors encompassing manufacturing, transportation, and tourism.

Since public procurement on the GeM portal is increasing at a very fast pace, GeM portal registration and supply have become a necessity for many organizations, be it an MSME company or a trader or a private limited company. TendersOnTime helps its clients win direct orders and make their offers presentable to the supplier community. Accordingly, TendersOnTime is receiving tremendous response and becoming the preferred vendor for availing GeM support services.

Hyderabad takes pride in being home to five billionaires and an impressive count of 11,100 millionaires. Leading the wealth charts in the city is Murali Divi, who holds the position of chairman at Divi's Laboratories and boasts an astonishing net worth of $5.6 billion. Hyderabad has experienced a remarkable uptick in its millionaire population in recent years, attributed to its thriving economy. A substantial portion of these millionaires in Hyderabad are entrepreneurs who have built their fortunes through various industries, including information technology, manufacturing, and real estate.

Here are the 2022 estimates of Hyderabad's contribution to India's GDP, direct tax collection (Income Tax), customs duty collection, foreign trade and stock market assets:

• GDP: Hyderabad contributes around 2.5% to India's GDP, positioning it as the seventh most substantial contributor to the nation's economic output, trailing behind Mumbai, Delhi, Kolkata, Bengaluru, Chennai, and Pune.
• Direct tax collection: Hyderabad occupies the seventh position in terms of its contribution to India's direct tax collection, representing approximately 3% of the total revenue generated nationwide.
• Customs duty collection: Hyderabad accounts for approximately 2% of India's customs duty collection, ranking it as the eighth most significant contributor to this revenue source in the country.
• Foreign trade: Hyderabad's role in India's foreign trade is notable, making up about 4% of the country's international trade and ranking it as the sixth-largest contributor.
• Stock market assets: Hyderabad does not serve as a significant stock market hub, thus making its contribution to India's stock market assets insignificant.

While participating in the GeM government tenders process, Hyderabad suppliers need to take a few precautions. Here also, TendersOnTime acts as Government E-Marketplace Consultants and helps micro and small enterprises from Hyderabad by way of providing GeM-related consultancy services, which include but are not limited to:

• Help in uploading the products to Hyderabad dealers
• Help in providing proper delivery details
• Guidance in logistic services and arranging the most suitable vendors
• Delivery-related issues faced by Hyderabad vendors registered on the GeM portal
• Providing regular updates related to suppliers' accounts.

Hyderabad suppliers new to the GeM portal facing difficulties at various levels can count on TendersOnTime's award-winning GeM related services like:

• Hyderabad Company Registration
• Hyderabad Vendor Assessment on the GeM portal
• Approval of brands for Hyderabad-based companies
• Catalogue upload and approval services on the GeM portal
• Help Hyderabad-based suppliers participate in Reverse and Forward Auctions

Selling through the GeM portal can bring immense advantages to Hyderabad-based companies, including raising their top and bottom lines. Below are some of the advantages which Hyderabad contractors and suppliers can avail while supplying through the GeM portal:

• Direct access to major Banks, PSUs, Railway requirements, etc.
• No need to spend on marketing.
• Single platform for bids and reverse auction for most products and services.
• Facility to change prices based on market conditions
• Get auto notifications of bids related to your product category
• Sell with complete transparency and easiness
• Sell from the comfort of your office
• Access to the comprehensive dashboard to monitor orders, supplies and payment status

1. To bring transparency in the procurement function, the GeM government e marketplace has provided a provision wherein a disqualified bidder can challenge its rejection. The bid can't proceed further unless and until the purchasing authority replies to the challenge/concern raised by the bidder. Furthermore, the procurement process is faceless and transparent; the seller's identity is not revealed till the opening of L1.

2. Availability of a wide variety of procurement methods like Push Button Procurement (up to a maximum of Rs. 5 Lacs), Direct Procurement, Lowest price offer and Bid/Reverse auction.

3.The First government-owned procurement portal has processed around 1.5 Crore orders amounting to approximately Rupees 375,000 Crores.

4.Products and services are categorized in a very detailed/Wide category list, with total Product Categories of around 11,475 and Service Categories in 283 categories.

5.Registered Products: 3,258,541 and Service Offerings: 267,242

6.Equipped with advanced analytics for the decision support system and fraud and anomaly detection.

Though the GeM portal registration process, GeM portal login and product/service offering are complete online and free of cost, suppliers and bidders from Hyderabad often find it difficult to register and participate in the bidding process successfully. This is where TendersOnTime- GeM Consultants in Hyderabad offers value addition at a fraction of the cost.

Further, TendersOnTime encourages start-ups, women-owned businesses and MSMEs for GeM portal registration, participation in bids, and get preferences as per the prevalent procurement policies/rules.

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