CHENNAI:
In a bid to boost growth and development in the small and tiny industries sector, Government e-Marketplace, the Public Procurement Portal for procurement of goods and services for all Central Government and State government ministries, departments and public sector units (PSUs, has signed a memorandum of understanding with Tamil Nadu Small and Tiny Industries Association (TANSTIA).
The MoU was signed on Wednesday by K Marlappan, president of TANSTIA in the presence of AV Muralidharan, Deputy Director General and deputy CEO Government e Marketplace (GeM), G Kathiresan, Joint Secretary, TANSTIA, Ramesh Mahadevan, Business Facilitator, GeM, KS Prasanna, Consultant, GeM and N Sabareesh, Consultant, GeM, a release stated.
The move will enhance the GeM seller base in Tamil Nadu. The agreement outlines the commitments and collaborative efforts of GeM and TANSTIA to promote transparency, efficiency, and inclusivity in public procurement processes.
Last fiscal year, Tamil Nadu recorded the second highest growth in GeM procurement amongst 36 States and Union territories. The State observed an increase in order value by 302.5% from Rs 220.89 crore in financial year 2021-22 to Rs 889.19 Crore in financial year 2022-23. Medium and small enterprises received orders worth Rs 3,808.50 crore from Central and state Government buyers in the financial year 2022-23, an increase of 122.0% from financial year 2021-22. With access to the national market, 92% of orders (in terms of value) were from buyers outside Tamil Nadu.
TANSTIA has totally 105 small scale industries associations and nearly 1600 direct unit holders in its membership folder and nearly 27,216 indirect members, including district small scale industries Associations, Industrial Estate Manufacturers Associations and product-wise manufacturers associations, a release stated.
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