Historical Analysis - Chhattisgarh Government Tender Market Performance
This analysis highlights historical performance in the Chhattisgarh tender market, revealing trends, seasonal patterns, and insights into bidding strategies. The state has witnessed significant growth in tender values, with an increasing number of active bidders.
Market Performance
Key metrics and strategic indicators
Peak Activity/Seasonal Highlight
October 2024 saw the highest volume with 1,205 tenders issued, comprising 27% of annual totals.
Performance/Win Rate Highlight
Chhattisgarh's win rate is above the national average, indicating effective bidding strategies.
Competition/Conversion Highlight
Competition levels remain low, with an average of 1.84 bidders per tender, facilitating higher success rates.
Market Leadership/Concentration Highlight
The market is characterized by a few key players, with the top 5 companies holding only 16.15% of the market share.
Growth/Trend Highlight
Historical data shows a steady increase in tender values, indicating a robust growth trend.
Market Value Distribution & Opportunities
₹0-1 crore
High for new Indian MSMEs.
₹1-10 crore
Moderate for growing companies.
₹10-100 crore
High for established firms.
₹100+ crore
Limited to large enterprises.
Performance & Seasonal Intelligence
Peak Season
Low Season
Top Performer
Top Performing Companies
Tripathi Brothers Services
Focus on specialized services and competitive pricing.
Market Trend Pattern
The market aligns closely with the **Indian financial year**, reflecting seasonal spending patterns.
Ministry & Category Analysis
Ministry Performance Leaders
Ministry of Steel
A+ for high-value contracts.
Infrastructure and manufacturing sectors.
Ministry of Power
A for strong growth potential.
Power generation and distribution.
Category Opportunities Breakdown
Tricycle or Rickshaw for Carrying Goods
Success Factors:
Moderate, requiring compliance with regulations.
Competitive Intelligence & Success Patterns
Market Benchmarks
High due to low bidder numbers.
Chhattisgarh shows a 10% higher win rate than the national average.
Regional Advantages
Strategic location enhancing logistical efficiencies.
Government support for MSME development.
Access to a diverse talent pool in engineering and services.
Frequently Asked Questions
Key insights about Chhattisgarh tender market
What historical data exists for Chhattisgarh government tenders?
Chhattisgarh has issued 4,480 tenders worth ₹13,961.1 crore in the last financial year.
How do companies succeed in the Chhattisgarh tender market?
Success is driven by understanding market dynamics, maintaining compliance, and engaging actively on the GeM portal.
What trends are observed in tender values over the years?
Tender values have shown consistent growth, reflecting increased government spending in infrastructure and services.
What is the typical competition level for tenders?
Competition is generally low, with an average of 1.84 bidders per tender, allowing for higher win probabilities.
What are the most common categories for tenders?
Popular categories include construction, transport services, and supplies, particularly in the infrastructure sector.
How can businesses leverage seasonal trends for bidding?
Understanding peak months such as October can help businesses time their bids effectively to maximize success.
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