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Top 5 Government Sectors in India with Growing Tender Opportunities in 2024 | 24 Jul, 2024
Top 5 Government Sectors in India with Growing Tender Opportunities in 2024
India is seeing exponential growth in various industries such as construction, manufacturing,FMCG, hospitals, and real estate. These industries are the backbone of the country's economy, constantly evolving and expanding to meet the needs of a rapidly developingnation.
These dynamic sectors continue to be at the forefront of the nation's development,consistently issuing tenders that offer lucrative opportunities for businesses. Here are the top 5 growing industries in India in 2024, that are available for public procurement.
List of Top Industries in India Offering Opportunities for Government Tenders
Construction or Civil Works Tenders
Construction works are always underway somewhere or the other in India. From buildings to bridges, from railways to roads, you can always find private or public tenders in this sector. With a rapidly growing economy and urbanization, India constantly demands new infrastructure. These projects not only enhance connectivity but also provide employment opportunities to a large population. Both government and private sectors are heavily involved in fostering these developments.
Category | Authorities | Locations |
---|---|---|
Water Storage And Supply | Central Public Works Dept. | Hyderabad, Bathinda, Ranchi |
Bridge Construction | Irrigation Department | Delhi, Valsad, Tonk |
Road Construction | Directorate Of Municipal Administration | Chintamani, Barmer, Alwar |
Electrical & Electronic Equipment Tenders
With infrastructure development, the need for various electrical equipment also grows substantially. This increasing demand opens up numerous tender opportunities for vendors specializing in this sector. Such opportunities allow businesses to offer their products and services, ranging from basic electrical components to advanced systems. As projects continue to expand, staying updated with the latest tenders can be crucial for vendors looking to capitalize on the evolving market.
Category | Authorities | Locations |
---|---|---|
Lights and Bulbs | Indian Railways | Bhopal, Kolkata, Bhavnagar |
Electrical Cable | Military Engineer Services | Delhi, Jaipur, Bangalore |
Switch & Relays | Indian Railways | Coimbatore, Ajmer, Bengaluru |
Plumbing, Pipeline and Water Supply Tenders:
With the constantly increasing population in the country, buildings and residential areas are developing like never before. Being a basic necessity, water supply plumbing services are also in great demand. In order to meet the demands of the growing infrastructure, various tenders in the plumbing sector are being offered. Government tenders, private tenders, and public tenders are all up for grabs, as companies work tirelessly to ensure that every building has access to reliable water supply and plumbing services.
Category | Authorities | Locations |
---|---|---|
Water Storage And Supply | Central Public Works Dept. | Hyderabad, Bathinda, Ranchi |
Pipe Supply | Indian Railways, ISRO | Chennai, Bangalore |
Pipe Line Project | Zilla Parishad, Public Health Engineering Department | Multiple cities in West Bengal and Rajasthan |
Power Generation and Supply:
Power generation and power supply is another fast-growing sector in India. There are n number of tenders on government emarketplace in this sector. Numerous tenders for air conditioners and power transmission are being floated regularly to meet the increasing demand for electricity in the country. With the government's focus on improving infrastructure and providing reliable power supply, this sector is expected to witness significant growth in the coming years.
Category | Authorities | Locations |
---|---|---|
Power Conditioning | Indian Railways, Surat Municipal Corporation, Medical College Kota | Surat, Kota |
Power Transmission | Urban Improvement Trust Bhilwara, UGVCL | Ajmer, Deesa |
Power Plant | Panchayat Samiti, Western Railway | Nagpur, Mumbai |
Manufacturing & Machinery Supplies
The manufacturing and machinery supplies sector is experiencing rapid growth, presenting an excellent opportunity for businesses to thrive. In 2024, there are several tenders available for companies to bid on and secure lucrative contracts. From construction equipment to industrial machinery, there is a wide range of opportunities for companies to expand their presence in this flourishing industry.
Category | Authorities | Locations |
---|---|---|
Manufacturing Services | Central Public Works Dept. | Hyderabad, Bathinda, Ranchi |
Railway Machinery | Indian Railways | Multiple Cities |
Motor Vehicles | Vadodara Mahanagar Corporation, Ahmedabad Municipal Corporation | Ahmedabad, Vadodara |
Master The Art of Tendering with National Tenders
Above are the current top tenders issued by India's growing companies. You can explore more options on government e marketplace (gem portal). To find more tenders from top industries head to National Tenders. It's an online tendering solution where you can search list of tenders by location, department and by category. National Tenders is the online tendering solution that helps you find a range of tender opportunities for your business. They also assign a dedicated account manager to businesses, who guide them on how to fill and win a tender. Because "National Tender hai to tenders aasan hai."
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