Government Tenders Business Growth Insights

The government tenders business is set for significant growth over the next five years. According to a May 2019 report, India plans to invest INR 100 trillion in the infra sector, with 30% allocated to transportation. This news is particularly valuable for SMEs, who can leverage these opportunities for expansion by discovering government tenders online.

Many SMEs currently engage with only a few government authorities or portals, limiting their business growth. TenderX is here to change that. Our platform simplifies the discovery and bidding process for SMEs, enabling them to find and bid on more tenders. This approach is crucial for the tender bidding process for SMEs, allowing them to increase their market reach.

As of June 2019, TenderX has reached several milestones: we now serve over 600,000 users, with 100,000 new users joining every month. Our mobile-first tender discovery model, key to our success, attracts 80% of our traffic. This tech-led tender aggregation strategy has helped us operate efficiently with a small team.

In the past six months, around 1.5 million eTenders were published, with Maharashtra and Uttar Pradesh accounting for nearly a quarter. Public Works Departments and Municipal Corporations released the most tenders, over 250,000. Among the 4 million tenders, most are under 10 Lacs, with approximately 8% exceeding 1 Crore, highlighting substantial opportunities for government contractors in India.

SMEs benefit from our free tender search services, discovering relevant tenders based on location, tender amount, keywords, and authorities. This ensures they never miss out on lucrative govt tender opportunities, unlike other platforms.

Discover the latest tenders on TenderX and enhance your government contractor opportunities in India. Visit TenderX today or contact us for any clarifications.