Best GeM Consultant and Service Provider in Kolkata

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

Based on the 2022 estimates from the IMF, Kolkata's GDP on a PPP basis is approximately $80 billion, positioning it as the fifth most economically productive metropolitan area in India, trailing behind Mumbai, Delhi, Bengaluru, and Chennai. Kolkata's GDP primarily thrives on the services sector, constituting roughly 70% of the city's overall economic output. Significant contributors to the city's GDP include 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.

Kolkata boasts four billionaires and a staggering 8,700 millionaires. The city has witnessed a surge in its millionaire population in recent years, attributed to its flourishing economy. Most of Kolkata's millionaires are self-made individuals who have amassed their wealth in diverse sectors such as IT, manufacturing, and real estate.

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

• GDP: Kolkata accounts for about 2.94% of India's GDP, positioning it as the sixth-largest contributor to the nation's economic production, trailing behind Mumbai, Delhi, Bengaluru, Chennai, and Pune.
• Direct tax collection: Kolkata's share of India's direct tax revenue amounts to around 4%, placing it as the sixth most significant contributor to the country's direct tax collection.
• Customs duty collection: Kolkata contributes around 3% of India's customs duty revenue, earning it the seventh position among the top contributors to the nation's customs income.
• Foreign trade: Kolkata occupies a pivotal role in India's foreign trade, constituting approximately 5% of the country's international commerce and ranking among the top five significant contributors to India's global trade.
• Stock market assets: Kolkata lacks prominence as a stock market hub, resulting in its minimal impact on India's stock market assets.

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

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

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

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

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

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

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