Demand trend
Demand ran below the recent weekly average
On 2 October 2026, 1,670 new requirements were recorded vs a trailing 7-day average of 2,452 (-31.9%). This is a same-dataset comparison — not seasonally adjusted.
Daily Brief · 2 October 2026 · Friday
India Government Procurement & B2B Tender Report — 2 October 2026
Data-driven analysis of institutional buying in India — new tenders, sector demand, buyer activity, contract awards, and near-term deadlines from GemSetu's GeM dataset.
Institutional buyers across India published 1,670 new purchase requirements on 2 October 2026, including 54 high-value tenders, with 100% run as reverse auctions. The most active buyer was Ministry of Defence with 866 requirements. Highest demand: Repair (22 new tenders). 74 contract awards worth ₹3.04 crore were recorded the same day — largest single award: High Performance EP Mud Lubricant-OIL at ₹1.49 crore.
Executive summary
On 2 October 2026 (Friday), institutional buyers across India published 1,670 new purchase requirements in GemSetu's continuously updated GeM dataset — 54 classified as high-value in our sample. Roughly 100% of sampled lots with auction metadata were reverse auctions.
Ministry of Defence led buyer activity with 866 requirements in sample, signalling where compliance-ready sellers should focus catalogue and OEM paperwork.
On the supply side, "Repair" was the most demanded product or service line with 22 new tenders — the clearest category-level demand signal for MSME sellers on GeM that day.
Award activity matched the publishing pulse: 74 contracts worth ₹3.04 crore were recorded the same day, led by High Performance EP Mud Lubricant-OIL at ₹1.49 crore, indicating buyers moving from requirement to award in parallel with new pipeline creation.
1,670
New tenders published
54
High-value requirements