In the realm of government procurement, the GeM (Government e-Marketplace) has revolutionized the way businesses engage with public entities. As an Original Equipment Manufacturer (OEM) looking to participate in GeM bids, it is crucial to have the necessary documentation in place.
The Make in India initiative was launched by the Prime Minister in September 2014 as part of a wider set of nation-building initiatives. Devised to transform India into a global design and manufacturing hub, Make in India was a timely response to a critical situation. By 2013, the much-hyped emerging markets bubble had burst, and India’s growth rate had fallen to its lowest level in a decade. The promise of the BRICS Nations (Brazil, Russia, India, China and South Africa) had faded, and India was tagged as one of the so-called ‘Fragile Five’.