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

Based on the 2022 estimates provided by the IMF, Pune's GDP, adjusted for purchasing power parity (PPP), stands at approximately US$50 billion. This positions Pune as the fourth most economically vibrant metropolitan region in India, following Mumbai, Delhi, and Kolkata. The city's economic landscape is predominantly shaped by the services sector, contributing to approximately 75% of Pune's overall GDP. Additionally, significant sectors driving its economy encompass 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.

Pune houses a total of five billionaires and 4,500 millionaires, with Cyrus Poonawalla, who serves as the chairman of the Serum Institute of India, emerging as the wealthiest individual in the city, boasting a substantial net worth of $13.5 billion. The count of millionaires in Pune has consistently been on the rise, reflecting the city's robust economic growth. Most of Pune's millionaires are self-made entrepreneurs who have accumulated their wealth across diverse sectors such as information technology, manufacturing, and real estate.

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

  • GDP: Pune holds the position of the fifth-largest contributor to India's GDP, trailing behind Mumbai, Delhi, Kolkata, and Chennai, accounting for roughly 3.09% of the nation's economic production.
  • Direct tax collection: Pune ranks seventh among the top contributors to India's direct tax revenue, making up approximately 5% of the total collection.
  • Customs duty collection: Pune's contribution to India's customs duty collection stands at approximately 3%, positioning it as the nation's eighth-largest revenue generator for customs duties.
  • Foreign trade: Pune's contribution to India's foreign trade constitutes about 4%, placing it in the sixth position among the most influential contributors to India's global trade
  • Stock market assets: Pune's significance as a stock market hub is limited, resulting in a minimal contribution to India's stock market assets.

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

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

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

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

Selling through the GeM portal can bring immense advantages to Pune-based companies, including raising their top and bottom lines. Below are some of the advantages which Pune 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
Pune Gem Services

Pune suppliers can completely outsource their GeM-related work to GeM service provider like TendersOnTime. This will not only release some of the bandwidth from their organization but will also help them concentrate more on their core activities.

TendersOnTime's GeM experts are well-versed with all the functionalities and processes of the GeM portal and thus can take complete charge of providing top-notch GeM support service. There are a few exclusive features of the GeM Portal that Pune suppliers must know:

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 and product/service offering are complete online and free of cost, suppliers and bidders from Pune often find it difficult to register and participate in the bidding process successfully. This is where TendersOnTime- GeM Consultant in Pune , 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.