Keysight Technologies, Inc. on Oct.12, 2017, announced that most Keysight products and solutions are now available on the India government eMarket (GeM) place (https://gem.gov.in/). GeM was created to enhance transparency, efficiency and speed in public procurement. The GeM tool provides e-bidding, reverse e-auction and demand aggregation to enable government users to obtain the best value for the investment.
“Government eMarkets a vision of the Honourable Prime Minister Shri Narendra Modi, to facilitate online procurement of products by various government departments, organizations and PSUs, said Sandeep Kapoor, head of marketing & business development – India, Keysight Technologies. “Our plan is that every Keysight product is easily available for purchase. This allows customer to access our comprehensive product portfolio and our expertise in test and measurement to get the flexibility to design, characterize and test electronic devices from R&D and design verification through high-volume manufacturing.”
About Government E-Marketplace (GeM)
Based on recommendations of Group of Secretaries made to Hon’ble Prime Minister, the Government decided that GeM SPV will create a one-stop Government eMarketplace (GeM) to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. GeM aims to enhance transparency, efficiency, and speed in public procurement. It provides the tools of e-bidding, reverses e-auction and demand aggregation to facilitate the government users achieve the best value for their money.
The purchases through GeM by Government users have been authorized and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.