Importance of GeM registration for computer hardware industry

Financial Services

 

gem registration

Noticing the difficulties in the government deals, based on recommendations of the Group of Secretaries, our government had decided to set up a dedicated online marketplace for different products and services procured by the Government Organizations, Government Departments, PSUs. As a result, the Government e-Marketplace or GeM was developed in 2016. Today, a supplier having GeM registration can directly deal with the government bodies and supply his goods easily & rapidly.

 

#1. Importance of Government e-Marketplace

Government e-Marketplace (GeM), which was formed in a record time of just 5 months, today facilitates fast online procurement of basic use Goods & Services that may be necessary by various Government divisions, institutions as well as the PSUs. GeM intends to enhance transparency, effectiveness and swiftness in open procurement.

It provides the various strategies for e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money.

#2. Computer hardware industry in India

While smartphones are beating the sales of PCs and desktops, alongside the effect of recent reforms like demonetisation and GST, the gaming segment provides an open door for manufacturers of Computer hardware. With more and more customers resorting to gaming as a leisure time activity to release their stress as well as social media, the gaming network in India is developing.

To target this user base, manufacturers have started promotion of the PCs in order to boost the gaming experience of the users.

#3. Role of Electronics and Computer Hardware in economy

Electronics and Computer Hardware has a significant role in India’s GDP and for the development of the IT sector in India. Gadgets and Computer hardware are the significant components of quite a lot of Technology sectors, for instance, Information Technology sector, Telecom sector, Automotive sector, Electronics & Electricals, Special Medical equipment sector, etc.

  •   1  Now India has grown as the nucleus of Electronics and Hardware development. In fact, India has turned out to be one of the preferred destinations with regard to the electronics and Computer hardware.
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  •   2  This tremendous development of the Computer Hardware Industry in India is largely due to the encouraging conditions for the Computer Hardware business.

  3  Above that, Government policies are moreover assisting the development of the electronics and hardware industry. One of them is the setting up of GeM portal. GeM registration is something that has really helped a number of dealers of Computer Hardware scale up their sales.

  4  These Policies in relation to the development are drawing in more investments from foreign players in the same industry.

  5  For instance, the assembling of the semiconductors is the most significant area pertaining to the electronics and Computer hardware industry.

  6  The semiconductors are applied in a wide variety of electronic equipment, for instance in mobile phone, PCs, workstations, and other implementations such as in automobiles, medicare equipment, and so on.

  7  In fact, the India Semiconductor Association (ISA) is the topmost body pertaining to the semiconductor manufacturing companies and chip designing firms in India.

  8  Now, with GeM registration these semiconductor manufacturing companies can directly deal with the government and get the benefit of the e-bids.

#4. How is GeM registration crucial for the dealers of Computer hardware?

There is no doubt that there’s massive capacity for the suppliers or manufacturers of Computer hardware products such as PCs, desktops, to supply their merchandise to the Government divisions & bodies in a straight channel.

However, they can easily do so only if they having a GeM registration.

#6. Where do Government departments have need of Computer hardware?

Here are some of the domains where Government departments may require computer:-

  •   1  Central & State Government has operated quite a lot of educational institutions, for example, Government schools, engineering colleges and IITs, besides various computer training centres and skill development centres, etc. Here, they need to arrange for the PCs to all the students on a regular basis. The Government department now sources the devices just as PCs, desktops directly from the companies having GeM registration only.
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  •   2  There are several Government departments such as taxation, ministries, and other divisions. Here, all government officials are allotted separate PCs. The Government departments bring the Computer hardware in bulk quantity from the sellers having GeM registration only, and that too with the public procurement process.
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  •   3  As we know that the festive season and the winters are round the clock. The Government departments shall now be giving away gifts to their staff as a bonus during this festive season. Again this shall be procured only from the sellers having GeM registration.

Therefore, we now clearly observe that the dealers who possess a GeM registration are now having vast scope to deliver their goods directly to their particular government buyers.