New Covid-19 Tender Opportunities for Indian Contractors
Explore Covid-19 tenders opportunities in India for contractors under the Atmanirbhar Bharat Abhiyan.
Unveiling Covid-19 Tender Opportunities for Indian Contractors
The Covid-19 pandemic brought unprecedented challenges and opportunities for Indian contractors. The Atmanirbhar Bharat Abhiyan tenders have been pivotal in reshaping the landscape of government tenders in India during the pandemic. This initiative, launched by the Indian government, has opened new doors for local businesses.
Challenges Faced During the Pandemic
Initially, the tendering process faced significant hurdles. Market instability made it difficult for companies to secure investors. However, modifications in the General Financial Rules (GFR) have now restricted global tenders below Rs.200 crore, providing a substantial boost to local contractors.
The number of tenders witnessed a sharp decline, but current tenders show a recovery, especially in medical field tenders in India. The demand for rapid test kits, masks, and PPE kits has surged, driven by the pandemic.
Opportunities in the Medical Sector
The medical field tenders during the pandemic have been a significant focus. The demand for masks tenders in Covid-19 India and PPE kits production in India has seen a substantial increase. Local industries are producing nearly 4.5 lakh PPE kits daily. Orders for hand sanitizers have escalated, marking a rise in hand sanitizer tenders in India.
Solar Projects and Edtech Growth
The solar projects tenders in India 2020 showcased resilience with 14GW of solar tenders announced. Despite global disruptions, India auctioned 3.5GW solar projects in Q1 2020.
The Edtech sector has also experienced a boom, providing online education opportunities in India during the pandemic. This growth reflects the potential for e-procurement and e-tender processes.
Boost in Local Markets
The local market boost from the Abhiyan in India highlights the resilience of Indian businesses. Shifting to online modes has unveiled numerous opportunities, with many sectors adapting to the new normal.
Call to Action
Stay ahead in the tendering landscape by exploring the latest opportunities. Visit TenderX to access a comprehensive list of Covid-19 tenders opportunities in India. Empower your business with the latest e-tender solutions and secure your future in the evolving market.